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lesya692 [45]
3 years ago
10

b. Assuming the restaurant is using its resources in a profit-maximizing way, and that each worker works 5 days each week, what

is the current weekly wage rate in the labor market?
Business
1 answer:
Nata [24]3 years ago
4 0

Answer:

The current weekly wage rate in the labor market is:

$453.20

Explanation:

a) Data and Calculations:

The average hourly earnings of all employees in the United States stands at 11.33 U.S. dollars.

For 8 hours a day, this will translate to $90.64 ($11.33 * 8)

For 5 days a week, the wage rate will be $453.20 ($90.64 * 5) or ($11.33 * 40).

b) The above rate is for wage workers, who are usually paid per day or per week.  For salaried workers, the rate will be much higher and with some ranges, since salaries are not based on the factor of hourly or weekly rates.  

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astrid is starting a new job that involves a lot a driving, and she wants to have a comfortable new car with the latest gadgets.
Mama L [17]

Answer:

She better lease a car for work.

Explanation:

The most significant distinction between a lease and a rental agreement is the length of time they are valid for. In most cases, a rental agreement is for a short length of time (typically 30 days), but a lease contract is for a longer amount of time (generally 12 months, although 6 and 18-month leases are also frequent). So it's better to lease a car because you can use it longer.

4 0
2 years ago
If a company has advance ticket sales totaling 2,000,000 for the uncomping football season. the reciept of cash would be journal
Andru [333]

If a company has advance ticket sales totaling 2,000,000 for the uncomping football season. the receipt of cash would be journalized as  Debit Cash, credit Unearned Revenue.

A receipt is documentation that something was purchased and paid for. If you plan to return something you purchased, you usually need it. On business trips, people keep track of their receipts so that their employers can reimburse them for any expenses they incurred. A less common usage of the word receipt is as a verb, as in "The clerk receipted my purchases," which means that the clerk provided written evidence that the things were paid for. Receipts are given out in business-to-business transactions as well as stock market transactions, in addition to the receipts that customers normally obtain from vendors and service providers. Both transactions on the stock market and business-to-business exchanges issue receipts. Furthermore, receipts are required as verification of some expenses for tax purposes.

Learn more about receipt here

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7 0
1 year ago
________ is the process of planning, organizing, directing, and controlling an organization's financial, physical, human, and in
Pie

<u>Answer:</u> C. Management

<u>Explanation:</u>

In order to achieve the goals and objectives of the organization the management has to follow the process of planning, directing, and controlling an organization's financial, physical, human, and information resources. Planning is the way of organizing things to achieve desired goals. Guidance and motivation of the employees is essential for meeting goals

Monitoring and evaluating the tasks is necessary action by the management to control the activities of the firm and direct them in the right path.

6 0
3 years ago
What is the business owners commitment to the team during the iteration?
trasher [3.6K]
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3 years ago
The net pension liability (PBO minus plan assets) is decreased by: Multiple Choice Service cost. Expected return on plan assets.
Mumz [18]

Service cost

Answer: Option A.

<u>Explanation:</u>

The net pension liability is the amount by which the liability of the pension increases the total pension assets. This increases the troubles of the people who are leading a retired life. The lower the rate of interest, more are the liabilities on the retired person's life.

On the other hand when the total pension assets are more than the total pension liabilities, then it i known as the net pension assets.

7 0
3 years ago
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