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marshall27 [118]
2 years ago
15

You are the owner of a restaurant in a competitive market. You want to improve your restaurant's profile by increasing your qual

ity of service to patrons while also growing profits. In addition to hiring better chefs and changing the menu, you are considering whether to offer a coat check. As one option, you could install hooks for customers to use, which may or may not help your business. Alternatively, you could offer a coat check for a fee, which would increase labor costs but give you a source of revenue in the process. Evaluate the various issues from a business and legal perspective, as well as steps to minimize any liability.
Business
1 answer:
earnstyle [38]2 years ago
5 0

Answer:

Follows are the solution to this question:

Explanation:

Its coat test is a viable and cost-effective alternative also for the cafe. Restaurant visitors have a big issue about managing their clothing in winter. Straps would not even ensure security so its risks will be burglary.  

  • A sitting room with such a guide ensures safety and would be used in the customers.  
  • Its restaurateur will be charged with additional costs because an employee has to be recruited.
  • The business prospects would be improved when customers  get a guaranteed spot to preserve their jackets.  
  • An operator must be careful enough to not exchange or mislocate any clothes.  
  • It would be a source of revenue for the business because the service available was being used by other people.  
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Rath Company provided the following information:
Anit [1.1K]

Answer:

The correct answer is $8,316( Unfavorable) and $10,500 ( Favorable).

Explanation:

According to the scenario, the computation of the given data are as follows:

Actual Variable OH  AH × SVOR              SH × SVOR

$222,816          $57,200×$3.75 = $214,500     $60,000×$3.75 = $225,000

  Variable OH spending variance        Variable OH efficiency variance                                

      $214,500 - $22,816)                              $225,000 - $214,500

    = $8,316( Unfavorable)                            = $10,500 ( Favorable)

Hence, Variable OH spending variance  =  $8,316( Unfavorable)

And Variable OH efficiency variance = $10,500 ( Favorable)

7 0
2 years ago
You have determined that an OCF of $142,098 will result in a zero net present value for a project, which is the minimum requirem
Arturiano [62]

Answer:

The company should not develop the new product as The operation cash flow is too low as compared to the OCF that results in zero NPV .

Explanation:

In order to know if the company should develop the new product we would have to make the following calculations:

The No, of units the company expects to sell = Market share*Market size = 4.5%*120,000 = 5,400

Total contribution = No. of units sold*contribution margin per unit = 5400*87.20 = $470,880

Fixed costs = $418,000

Profit before tax = Total contribution - Fixed costs = $470,880 - $418,000 = $52,000

Net profit = (1-Tax rate)*Profit before tax = (1-34%)*$52,000 = $34,320

Since there are no depreciation costs(assumed), net profit is the operating cash flow.

Therefore, the company should not develop the new product as The operation cash flow is too low as compared to the OCF that results in zero NPV .

0 0
2 years ago
One study of 195 critical incidents in banking and medical settings showed that a major difference between effective and ineffec
kondor19780726 [428]

The answer is the type of feedback offered. Responding to a message involves of giving noticeable response to the speaker.  For the people who are good listeners, they preserved eye contact, responded with suitable facial gestures, they inquired questions and swapped ideas. While for the poor listeners, they had a drooping posture and yawning.

3 0
2 years ago
Codes of conduct (ethics) are formalized rules and standards that describe what the company expects of its employees in terms of
Ludmilka [50]

Answer:

True

Explanation:

The codes of conduct are the set or collection of conduct in an organisation that are specified for the particular organisation. These conducts may be following:

  • Rules
  • Principles
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These codes of conducts are to be followed by the individuals associated with organisation.

4 0
2 years ago
A worksheet contains sales dollars for agents with your company. The values are $1,250, $1,090, $985, $985, $880, $756, $675, $6
ivolga24 [154]

Answer:We use the Large Function. the general formula is  =LARGE(first cell:last cell,3) .Please refer to the explanation section for details

Explanation:

Let us assume

A 1 = $1,250,  A 2 = $1,090, A 3 = $985, A 4 = $985, A 5 = $880, A 6 = $756, A 7 = $675, A 78= $650, and A 9 =$600

Using the Large function on excel to return the third largest value, on the formula bar we have the following formula;

=LARGE(A1:A2,3)

7 0
2 years ago
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