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fredd [130]
3 years ago
7

Difference between primary and secondary catering​

Business
1 answer:
VARVARA [1.3K]3 years ago
6 0

Answer:

Primary Catering: Establishment such as hotels, restaurant and fast food outlet, which are primary catering. Secondary Catering: In this catering establishment the provision of food & beverage is a part of another business such as welfare catering and industrial catering.

Explanation:

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Discuss whether a commercial bank should specialize or diversify in terms of the services it provides.
mojhsa [17]

Answer:

The authors find that sector specialization has an overall positive effect on banks' performance. In contrast, Bebczuk and Galindo (2007) find for Argentina that banks with a diversified credit portfolio have fewer non-performing loans.

6 0
3 years ago
Whenever you have a concern or complaint about an issue at work, to whom should you talk with first?
rusak2 [61]
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3 years ago
Sheffield Corp., public camping ground near the Four Corners National Recreation Area, has compiled the following financial info
Valentin [98]

Answer:

(a) $40,000

(b) See explanation below

Explanation:

(a) Net Income for 2019

Revenues during 2019 Camping fees = $140,000

Revenues during 2019 General store 50,000

Expense during 2019 $150,000

Net Income = Total Revenue - Expenses

Net Income = $140,000 + $50,000 - $150,000

Net Income = $40,000

(b) Prepare a balance sheet

Assets

Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . .$. 23,000

Supplies . . . . . . . . . . . . . . . . . . . . . . . . . . . .2,500

Equipment . . . . . . . . . . . . . . . . . . . . . . . . .140,000

Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$165,500

Liabilities

Accounts Payable . . . . . . . . . . . . . . . . . . . . 11,000

Notes Payable . . . . . . . . . . .. . . . . . . . . . . . 60,000

Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .71,000

Stockholders' Equity

Common Stock . . . . . . . . . . . . . . . . . . . . . . 20,000

Retained Earnings . . . . . . . . . . . . . . . . . . . . 74,500

Total Stockholders' Equity . . . . . . . . . . . . . . . . . . . . . . .94,500

Total Liabilities and Stockholders' Equity . . . . . . . . . . . . . . . . . . .$165,500

Liabilities + Equity

4 0
3 years ago
Respectively, Accounts​ Receivable, Salary Expense and Salary Payable​ are: A. all permanent accounts. B. ​permanent, temporary,
viktelen [127]

Answer:

B. ​permanent, temporary, and permanent accounts

Explanation:

Having in mind the closing of accounts at the end of the accounting year, the <em>difference between permanent and temporary accounts</em> is the following:

- Permanent accounts are the ones that are not closed at the end of the account year; instead, their balance is moved to the following year, as the starting balance. <em>Asset </em>accounts which are permanent are: <u>Accounts receivable</u>, Investment, Equipment, Cash, while the permanent <em>Liability </em>accounts are  Accounts payable, <u>Salary Payable</u>, Utilities Payable...

- Temporary accounts always start with zero balance when the accounting year begins. The balance at the end of the year is handled by moving it to another account. All sorts of revenues and <u>expenses </u>belong to this account category.

6 0
3 years ago
Which of the following is not classified as R&amp;D?Design of tools involving new technology.Evaluation of process alternatives.
Hatshy [7]

Answer:

idk but imma take these points mah boy bless up

Explanation:

4 0
3 years ago
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