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gtnhenbr [62]
3 years ago
7

Which statement is not true about the minimum wage?

Business
1 answer:
hammer [34]3 years ago
3 0

Answer:

Owners are not required to pay it to foreign workers.

Explanation:

The minimum wage policy should offer protection to all employees. The policy should not discriminate against any group of workers, such as the youth, women, or immigrants. The wage policy applies in all types of contractual agreements. The policy seeks to protect the most vulnerable category of workers.

Only a few groups are excluded from the policy and with reasons. They include workers in the informal economy and domestic workers.

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Molly liquidates her catering business. She is left with $20,000 after selling all the assets and settling the liabilities. In t
Firdavs [7]

Answer:

In this case, the amount of $20,000 represents the owner's equity.

Explanation:

Assets:

Assets are the items that are own by a business. Examples of assets are inventory, machinery, company owned vehicles etc.

Liabilities:

Liabilities are the items a business owes to others. Examples of liabilities are bank dept, taxes, mortgage debt etc.

Equity:

Owner's equity is also known as net assets refer to the owner share of assets when the liabilities are paid off.

The relation between Assets, liabilities and owner equity are represented in a equation as:

Assets = Liabilities + Owner Equity

8 0
3 years ago
Business analytics tools are used with data in the ________________ to gain insight and support decision making.
kenny6666 [7]

Answer:

Business

Explanation:

The extensive use of data and quantitative analysis to support fact-based decision making within organizations.

8 0
3 years ago
A central bank acts as a lender of last resort especially in times of financial crisis. What is the purpose of this function
mr_godi [17]

Answer:

The purpose of the function is to lend the people indeed.

Explanation:

a central bank help to keep our money and give a loan

7 0
3 years ago
What is a example of good customer service?
PtichkaEL [24]

Answer:

Jet blue= thanks frequent customers with small gesturer

Tesla= meet your customers where they r at

7 0
3 years ago
A much-used and potent managerial tool for determining whether a company performs particular functions or activities in a manner
Romashka [77]

Answer:

The correct answer is letter "E": benchmarking.

Explanation:

Benchmarking is a continuous process by which products, services or work processes of leading entities are taken to be compared to our company so after the analysis improvements can be made and implemented. Benchmarking is defined as the model of excellence from which the "best practices" can be obtained in favor of our own company.

8 0
3 years ago
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