Usually an increase in price means a decrease in supply and or a raise in demand. He quickly changes this by increasing the production, thus increasing the supply, lowering the prices.
Hope this helps,
Jeron
Answer:
the restaurant industry has been slow to adopt data analytic. Rising food and labor costs are also forcing restaurants to become more efficient.Technology must and is playing a key role to optimize the bottom line and provide a great guest experience
Explanation:
25% of those restaurants surveyed indicated they plan to spend more money and time on technology in 2016. While 4 out of 5 of these same participants also admitted that technology makes them better by: increasing sales, improved productivity, and provides a competitive advantage.
Based on the survey responses mentioned above, there seems to be a high level awareness that technology and best practices will bring real value to a restaurant’s operations; but then perhaps a gap that leads to inaction when it comes to purchasing and implementing technology. When it comes to technology solutions designed to improve your pre-employment, onboarding, tax credit screening, I-9, and unemployment management process, Equifax can serve as a resource by providing best practices, resources, and solutions to help solve for your challenges.
Answer:
Tax Liability = $74,550
Explanation:
Particular Amount
Sales $1,855,000
Less: COGS(70% of sales) <u>$1,298,500</u>
Gross Profit $556,500
Less: Operating expenses <u>$225,000</u>
Operating profit $331,500
Add: Taxable dividend income $40,000
Add: Capital gain $10,000
Less: Interest Expenses <u>$26,500</u>
Net Taxable Income $355,000
Tax rate = $355,000 * 21%
Tax Liability = $74,550
Note: 21% is the Tax rate approved by the Tax cuts and Job Acts of 2017.
In this case the perfect tender rule
b. does not apply.
Explanation:
The perfect tender rule has certain exceptions where it cannot be applied to the tender parties and the probates of the tender.
If there is a government ruling against the use of certain products that are necessary for the tender to be completed and the outlaw happens after the tender is signed but before it is completed as a consignment then it cannot be done.
This would come under the ambit of an emergency where the governed ruling makes such deals null and void.
