Answer:
A. Require all employees to wear slip resistant shoes.
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<u>Options for this question</u>
A. Require all employees to wear slip resistant shoes.
B. Allow employees to eat one meal from an employee menu during their shift.
C. Train employees to provide great customer service.
D. Have employees set all the tables at the beginning of their shift.
Explanation:
Restaurants operate while maintaining high levels of hygiene. Cleaning is a continuous process as long as the restaurant is open. Due to this fact, the floor is bound to be slippery most of the time. With such conditions, slip-resistant shoes should be part of an employee's personal protection equipment, PPE.
A manager concerned with employee safety will insist on slip-resistant shoes to prevent workplace accidents. The other options are not about employee safety in the workplace.
To prepare an income statement, you will need to generate a trial balance report, calculate your revenue, determine the cost of goods sold, calculate the gross margin, include operating expenses, calculate your income, include income taxes, calculate net income and lastly finalize your income statement with business details and the reporting period.
If you can't find the time to make one from scratch, there are templates that can be used to help.
gross margin : the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides.
net income : net earnings, is calculated as sales minus cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses.
Answer:B) Copyright
Explanation:
A copyright is a legal protection that gives the original inventors of a product the exclusive right to manufacture, sell ,use a product for a limited time.
A copyright prevents others from duplicating a product during the years the copyright is active.
A trademark is a logo of a brand , product or company.
Patent is a legal right given to an inventor that prevents others from using ,duplicating or selling the invention for a period of time usually twenty years.
A warranty is an agreement between a buyer and a seller where the seller agrees to replace or make repairs when certain damages occur to a product within a specified period.
Treaty is a written agreement agreed to by countries and international organisations.
The firm’s operating cycle is equivalent to the sum of
the total number of days of a cycle of the receivables turnover and the
inventory turnover.
Receivables turnover = 365 days / 14.8 = 24.66 days
Inventory turnover = 365 days / 22.6 = 16.15 days
Operating cycle = 24.66 days + 16.15 days = 40.81 days
<span>Answer:
40.81 days</span>
Current assets, or possessions used up within a year, are generally used to settle current liabilities.
<h3>Why do you use the term "current liabilities"?</h3>
- Current liabilities are debts or commitments that fall due within a year or during the regular business cycle. Additionally, current obligations are paid off by using a current asset, either by generating a fresh current liability or by using cash.
- In accounting, current liabilities are frequently interpreted as all debts owed by a company that must be paid in cash within the fiscal year or the operational cycle of that particular company, whichever is longer.
- Current assets, or possessions used up within a year, are generally used to settle current liabilities. Accounts payable, short-term loans, dividends, and notes payable are a few examples of current liabilities, along with any outstanding income taxes.
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