Directions: Based on class today use the following scenario to justify your decisions as a business owner. You are a business owner and your business changes often based on the seasons: In the summer you make a lot of money because the amount of customers you have and other times throughout the year, it is slower and does not need a lot of people. You have $200,000 for payroll in a year. Use the options below to decide how you want to pay the people that work for you. Make your decisions below You have to have 6 people on staff at all times and can hire up to 10 people. How many workers do you want to hire

The following accounts appeared in recent financial statements of delta air lines. identify each account as either a balance sheet account or an income statement account. for each balance sheet account, identify it as an asset, a liability, or stockholders' equity. for each income statement account, identify it as a revenue or an expense. item financial statement type of account accounts payable balance sheet advanced payments for equipment balance sheet air traffic liability balance sheet aircraft fuel (expense) income statement aircraft maintenance (expense) income statement aircraft rent (expense) income statement cargo revenue income statement cash balance sheet contract carrier arrangements (expense) income statement flight equipment balance sheet frequent flyer (obligations) balance sheet fuel inventory balance sheet landing fees (expense) income statement parts and supplies inventories balance sheet passenger commissions (expense) income statement passenger revenue income statement prepaid expenses income statement taxes payable balance sheet

Highland company produces a lightweight backpack that is popular with college students. standard variable costs relating to a single backpack are given below

Which of the following are considered needs? check all that apply