Professor Elam

Monday Oct 6 2014

The President of CEK, Carl Jrs and Hardees, analyses the $10.10 minimum wage idea.

Here is the link to our school database for the WSJ

https://tamusa.idm.oclc.org/login?url=http://search.proquest.com/docview/1586066413?accountid=130967

Here is a CEO who understands exactly how his restaurants work in the accounting seense. We will take a look at this in class. I don't know if this article links for all of you as I subscribe so the links always work.

At any rate this is a great example of managerial accounting. And it explains why central planners cannot magically grant wage increases to everyone.