Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 6 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 12 Jul 2017 My Price 5.00

FA Restaurant in 2014

Fred and Andrew started the FA Restaurant in 2014. They rented a building, bought equipment, and hired two employees to work full time at a fixed monthly salary. Utilities and other operating charges remain fairly constant during each month. During the past two years, the business has grown, with average sales increasing 2% each month. This situation pleases both Fred and Andrew, but they do not understand how sales can grow by 2% each month while profits are increasing at an even faster pace. They are afraid that one day they will wake up to increasing sales but decreasing profits. Explain why the profits have increased at a faster rate than sales. Use the terms variable costs and fixed costs in your response.

Answers

Maurice Tutor
(5)
Status NEW Posted 12 Jul 2017 08:07 PM My Price 5.00

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