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Refer to the scenario below to answer the following questions.
TopCup Coffee (Scenario)
Catrina has been working as a manager in TopCup Coffee for six months now. In that time she has noticed that the total sales have grown a scant half percent. The owner, who does not work in the business directly, commented in a recent meeting that unless the sales picked up over the next six months, he would consider closing the business. Catrina has since looked seriously into the operations and armed with a textbook on operations management from her college days, she is determined to change both the coffee shop operations and the sales picture.
-Her next employee meeting takes in as many of the part-timers as possible because she wants to discuss the second most important issue that relates directly to her employees. In view of the size of this small business, the employees are expected to be ______________ when reporting for their shift.
Stockholders' Equity
The portion of a company's assets that belongs to the shareholders, represented by the company's common stock, preferred stock, and retained earnings.
Accrued Wages
Wages that have been earned by employees but have not yet been paid by the employer.
Accrued Revenues
Income that has been earned but not yet received; recorded to recognize revenue prior to cash receipt.
Depreciation Expense
The allocated expense of a tangible asset over its useful life, reflecting the use and wear and tear of the asset.
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