This topic contains a solution. Click here to go to the answer

Author Question: The gross mark-up or gross profit pricing method assumes that every customer should pay a specific ... (Read 340 times)

kshipps

  • Hero Member
  • *****
  • Posts: 571
The gross mark-up or gross profit pricing method assumes that every customer should pay a specific amount to cover nonfood costs and profit.
 
  Indicate whether the statement is true or false

Question 2

Which of the following is correct regarding restaurant service charges?
 
  a. Service charges are typically shared by tipped employees with other employees.
  b. The maximum service charge allowed under FLSA is 5.12/hour.
  c. Employees may encourage employees to share service charges with hosts.
  d. Two states allow restaurants to pay less than 5.12/ hour service charge to employees.
  e. Services charges are treated as wages under federal law.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

AmberC1996

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

TRUE

Answer to Question 2

E




kshipps

  • Member
  • Posts: 571
Reply 2 on: Aug 10, 2018
Excellent


miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

For a complete list of videos, visit our video library