Describe how optimum and maximum capacities may differ in the restaurant industry
What will be an ideal response?
A full restaurant may deteriorate service because the staff is rushed and there is a greater likelihood of errors and delays.
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On October 1, Lawrence Company borrowed $60,000 from Fourth National Bank on a 1-year, 7% note. If the company's fiscal year ends as of December 31, Lawrence should make an entry to increase
a. interest expense, $4,200. b. notes payable, $1,050. c. interest payable, $1,050. d. prepaid interest, $3,150.
Component lifestyles decrease the complexity of consumers' buying habits
Indicate whether the statement is true or false a. True b. False
Article I of the U.S. Constitution provides that federal statutes can be created byinitiative if a petition gathers a sufficient number of signatures
a. True b. False
A negotiable instrument eliminates the limitations of a promise to pay money only to a named promisee by bringing in the notion of a bearer
Indicate whether the statement is true or false