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2 years ago

Strategies on how to minimize expenses in cooking?

Business

1 answer:

Nitella [24]2 years ago

8 0

Answer:

1. Calculate Your Food Costs

2. Be Consistent When Calculating Inventory

3. Work with Your Food Suppliers

4. Join a Group Purchasing Organization

5. Manage Your Food Orders

6. Implement Restaurant Portion Control

7. Use the First In, First Out (FIFO) Method

8. Utilize Your Daily Specials

9. Keep Your Staff Informed

Explanation:

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Which of the following is true about checks?

tankabanditka [31]

Incomplete question. Here's the remaining question;

A. It is a two-party instrument.

B. It necessitates that the seller has to be both the drawer and the payee.

C. It is always payable on demand.

D. It requires that the drawer is holding the drawee's money.

Answer:

Explanation:

Note that, to be always paid on demand implies that any time a request is made (demanded) to the bank will be fulfilled.

Therefore, an individual has a sense of security using checks to receive payments.

4 0

3 years ago

Which one of the following actions by a financial manager is most apt to create an agency problem? Increasing current profits wh

MrRissso [65]

Answer: Increasing current profits when doing so lowers the value of the company's equity.

Explanation:

The main purpose of a company is to increase the wealth of shareholders. In their capacity as stewards for the company, managers should be working therefore to achieve this goal.

When management neglects this goal and begins to seek an improvement in their welfare and wealth instead of the shareholder', this is an Agency problem.

If a Financial manager is increasing current profits even though doing so will lower the value of the company's equity, this can create an agency problem because the shareholders are suffering but the finance manager might get rewarded for increasing profits.

6 0

3 years ago

On January 1, Smith Industries leased equipment to a customer for a four-year period, at which time possession of the leased ass

KiRa [710]

Answer:

The amount of the annual lease payments is $98,124.

Explanation:

This can be calculated using the formula for calculating loan amortization as follows:

P = (A * (r * (1 + r)^n)) / (((1+r)^n) - 1) .................................... (1)

Where,

P = Annual lease payments = ?

A = Amount to be recovered through periodic lease payments = Equipment cost - Residual value = $425,000 - $100,000 = $325,000

r = interest rate = 8%, or 0.08

n = Number of years of lease term = 4

Substituting all the figures into equation (1), we have:

P = ($325,000 * (0.08 * (1 + 0.08)^4)) / (((1+0.08)^4) - 1)

P = $98,124.2614475627

Rounding to the nearest whole dollar as required, we have:

P = $98,124

Therefore, the amount of the annual lease payments is $98,124.

4 0

2 years ago

Which of the following is not a correct statement about M2? A. M2 is a broader definition of money compared to M1 and currency.

natka813 [3]

Answer:

D) M2 is the best definition of money as a medium of exchange.

Explanation:

M2 includes all M1 plus some broader types of money which represent near money such as savings accounts, money market securities, mutual funds, small denomination time deposits (CDs worth less than $100,000). These are classified as ear money because they can be easily and quickly converted into currency (cash) or checking account deposits.

8 0

3 years ago

Martin is offered an investment where for $4000 today, he will receive $4240 in one year. He decides to borrow $4000 from the ba

Mnenie [13.5K]

Answer:

The maximum interest rate the bank needs to offer on the loan if Martin is at least to break even on this investment is A) 6%

Explanation:

Martin is offered an investment where for $4000 today, he will receive $4240 in one year. The interest rate of the investment = ($4,240-$4,000)/$4,000x100% = 6%

The maximum interest rate the bank needs to offer on the loan if Martin is at least to break even on this investment should equal the interest rate of the investment: 6%

8 0

3 years ago

Strategies on how to minimize expenses in cooking?​

Strategies on how to minimize expenses in cooking?