Question
Assume that the current minimum wage is $7.25 per hour and the proposed increase would be $15.00 per hour. Discuss the impact on the business
Assume that the current minimum wage is $7.25 per hour and the proposed increase would be $15.00 per hour.
Discuss the impact on the business payroll with calculations and impact on profits while listing 3 strategies the small business can adopt to retain profits like those prior to wage increase with calculations.
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Survey of Accounting
Authors: Edmonds, old, Mcnair, Tsay
2nd edition
9780077392659, 978-0-07-73417, 77392655, 0-07-734177-5, 73379557, 978-0073379555
