Answer:
Kate will continue to operate in the short-run but plan on she will exit the business in the long-term
Explanation:
Kate's decision should be guided by her business's performance in terms of profitability. Kate is selling her meal at $5, but her total cost of serving the meal is $5.20. It means the business is operating at a loss.
Kate must start plantation on how she will leave that business. She may continue operating but only for a short while. Soon, she will find it hard to stay open because the business is loss-making. Kate will, therefore, continue operations in the short run. In the long term. Kate must plan on exiting the business.
Answer:
Worthy Ships:
Treasury Stock account balance would be $80,000.
Explanation:
Treasury Stock account is a contra account to the Common Stock account. Using the cost method, the account will have a debit entry and balance of $400,000 in 2023. In 2024, with the resale of shares, the account will have a credit entry of $320,000. This would bring the balance to $80,000 at the end of 2024.
Answer:
The correct answer is letter "D": a hugely untapped market segment.
Explanation:
The Bottom of the Pyramid (BOP), sometimes called the base of the pyramid, represents the biggest sector of the economic human pyramid. In the BOP there is an approximate of billion people living in extreme poverty. Corporate Social Responsibility (CSR) which involves companies' activities to match their objectives with society's goals, has in the BOP a lot of fields to discover and contribute.
Answer:
Efficiency wage theory. Option A
Explanation: Efficiency wage theory is the idea that an increase in wages will lead to more productivity among workers because they will feel more motivated to work.
This is important for the employers also, because it will lead to higher productivity if they paid their employees more than what the market conditions dictate.
For example in a competitive labour market, employer A will enjoy more productivity and employee loyalty than employer B if employer A paid $10/hr and employer B paid $5/hr, in the same industry.
