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klasskru [66]
3 years ago
9

A restaurant operates at full capacity during dinner times and experiences unused capacities during breakfast and lunch times. I

t should plan for capacity based on the demand levels at ______ times. breakfast lunch dinner the average of breakfast and lunch
Business
1 answer:
lisov135 [29]3 years ago
5 0

A restaurant operates at full capacity during dinner times and experiences unused capacities during breakfast and lunch times. It should plan for capacity based on the demand levels at dinner times.

<h3><u>Explanation:</u></h3>

Demand refers to the number of products that is being required by the consumers to buy. Supply refers to the number of products that is made available to the consumers. The prices of the products and the demand of any product or services determines the supply of the product. These three terms are inter related with each other since one affects the other.

In the given example, it is given that the operation of a restaurant utilizes its full capacity during the time of dinner. They are left unused during the time of lunch and breakfast. Thus the restaurant must plan for the capacity depending on the levels of demand that exists at the dinner time.

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Identifying Accounts to be Closed From the list that follows, identify the accounts that should be closed to the owner’s capital
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Answer:

See explanation section

Explanation:

When we need to close accounts, we close the income and expenses accounts. The reason to close those accounts is that those are temporary accounts. Drawings and dividends are also temporary as those accounts have to be settled through capital and retained earnings balance. Therefore,

We will close the entries to income summary are -

D. Depreciation Expense

E. Fees Earned

J. Supplies Expense

L. Wages expense.

The entry to close against a capital account is Drawings. Therefore, Jackie Lindsay, Drawing should be closed.

4 0
4 years ago
Kooky Cookies Corporation purchased the Crazy Cookie Company. Although this was initially an acquisition, the merging of these t
WINSTONCH [101]

Answer:

The answers are Horizontal and Vertical respectively.

Explanation:

Horizontal integration refers to the expansion strategy adopted by the corporations which involves acquisition of one company by another company where both the companies are in the same business line and at same value chain supply level, whereas, Vertical integration refers to the expansion strategy adopted by the corporations where one company acquire another company who is at the different level, usually at the lower level of its value chain supply process.

3 0
3 years ago
Marlon wants to save money over a long period of time. He does not need to have easy access to the money, and he is worried abou
Ne4ueva [31]

Answer:

Bonds

Explanation:

Bonds fit all of Marlon's needs since:

  1. He can know the interest rate up front, e.g. the coupon rate of the bond, or  the market rate if the bond is purchased at a premium or discount.
  2. Some bonds have a very remote maturity date, up to 30 years (e.g. US securities) and that is a long period of time.
  3. Even though Marlon can cash his money before the bond matures (he can sell them), it is something that takes a few days and must be done by a broker.
  4. Bonds are very secure investments, specially US securities which are considered the most secure investment in the world, but even corporate bonds are considered secure. In case the firm goes is liquidated, bondholders receive their money before preferred stockholders and common stockholders.

8 0
3 years ago
Which one of the following is true about risk and return?A) Riskier assets will, on average, earn lower returns.B) The reward fo
ollegr [7]

Answer:

E) In general, the higher the expected return, the higher the risk.

Explanation:

In order to attract potential investors, investments that bear a higher risk must offer a higher expected return. This is known as the risk-return tradeoff principle. Abiding by that same logic, investments with lower associated risk tend to offer lower expected returns since they are a "safe bet".

Therefore, the answer is E) In general, the higher the expected return, the higher the risk.

3 0
3 years ago
A company must be concerned about the creation of communication harmony. Nike uses the slogan "Just Do It." Consumers see this b
REY [17]

Answer:

Integrated marketing communications.

Explanation:

Integrated marketing communication is a technique used by companies to create a linked form of communications and messages. Talking in simple terms, integrated marketing communications help firms to integrate their all promotional tools and ensure that all tools work in harmony with each other.

Nike is an example of a company using the technique of integrated marketing communications.

By using the slogan 'Just do it' in all of their promotional tools, the company is ensuring harmony in all of its tools.

Therefore, integrated marketing communications is the correct answer.

8 0
3 years ago
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