1 Select restaurant industry Provide a brief overview of the industry. 2. Identify and describe...
50.1K
Verified Solution
Link Copied!
Question
Accounting
1 Select restaurant industry Provide a brief overview of the industry. 2. Identify and describe at least 2 variable, 2 fixed and 2 mixed costs generally associated with this industry. For each cost, explain why they were classified as variable, fixed or mixed costs use useful artical 3. Critically analyze how these costs would impact the financial viability of companies that conduct business within these industries. In so doing, students can answer the following questions or other relevant questions that they create: a. Are there too many fixed / variable / mixed costs or are the individual costs too expensive? b. Would a company in this industry likely be able to survive a significant drop in revenue? c. Do you think that these costs will change significantly over the next 5 years? Why?
1 Select restaurant industry Provide a brief overview of the industry.
2. Identify and describe at least 2 variable, 2 fixed and 2 mixed costs generally associated with this industry. For each cost, explain why they were classified as variable, fixed or mixed costs use useful artical
3. Critically analyze how these costs would impact the financial viability of companies that conduct business within these industries. In so doing, students can answer the following questions or other relevant questions that they create:
a. Are there too many fixed / variable / mixed costs or are the individual costs too expensive?
b. Would a company in this industry likely be able to survive a significant drop in revenue?
c. Do you think that these costs will change significantly over the next 5 years? Why?
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.