Answer:
In the restaurant business, self inspections can help you ensure that the food is always safe for your customers (better quality food) , lower the overall costs of the restaurant and helps to increase your reputation (a clean restaurant is always seen as a better restaurant).
Self inspection doesn't mean that the manager herself has to carry out the inspection, another employee can. Self inspection refers to making sure you comply with all regulations without having an inspector come and evaluate your restaurant. Self inspections will help the restaurant get higher inspection scores, and that was one of Brianna's major accomplishments.
Answer:
designing information systems
Explanation:
knowledge management system are system designed to managed the knowledge of a company. The design of IT Systems is not under it scope.
Answer:
2016: $300 million; 40%; $60 million
2017: $450 million; 60%; $90 million
Explanation:
Total costs:
= Costs incurred in 2016 + Costs incurred in 2017
= $240 + $360
= $600
In 2016:
Percent of total excepted costs:
= Costs incurred in 2016 ÷ Total costs
= $240 ÷ $600
= 0.4 or 40%
Revenue recognized:
= Percent of total excepted cost × Contract price
= 0.4 × $750 million
= $300 million
Income = Revenue recognized - Costs incurred in 2016
= $300 million - $240 million
= $60 million
In 2017:
Percent of total excepted costs:
= Costs incurred in 2017 ÷ Total costs
= $360 ÷ $600
= 0.6 or 60%
Revenue recognized:
= Percent of total excepted cost × Contract price
= 0.6 × $750 million
= $450 million
Income = Revenue recognized - Costs incurred in 2017
= $450 million - $360 million
= $90 million
Answer:
-$4,150
Explanation:
Calculation to determine your net profit or loss on this investment
Using this formula
Net profit/Loss=(Option price per share-Exercise price+Stock price)×100×10
Let plug in the formula
Net loss = ($0.85 - $39 + $34) × 100 × 10
Net loss =-$4.15×100×19
Net loss = -$4,150
Therefore your net loss on this investment is -$4,150
Answer:
The Margin of safety is $100,000
Explanation:
Price = Sales / number of units = $1,700,000 / 8500 = $200
Contribution margin ratio is the ratio of contribution margin to the sales value. It measure the ratio that contributes in the recovery of fixed cost and making profit.
Contribution margin ratio = Contribution margin / Sale price = $60 / $200 = = 0.3 = 30%
Break-even is the level of sales at which business has no profit no loss situation.
Break-even point = Fixed cost / Contribution margin ratio = $480,000 / 30% = $1600,000
Margin of safety is the level of sales at which the business is safe from making loss. Margin of safety measures the profit after the break-even point.
Margin of Safety = Total sales - Break-even point = $1,700,000 - $1,600,000
= $100,000
