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2 years ago

Which of the following benefits do franchisees enjoy over other small business owners? Select the two correct answers.

Business

2 answers:

fiasKO [112]2 years ago

7 0

Answer:

A. Franchises benefit from the successful marketing provided by franchisors.

D. Franchises have a lower 5-year failure rate than other small businesses

Alenkinab [10]2 years ago

4 0

The following benefits a franchisee enjoys over other small business owners is:

A. Franchises benefit from the successful marketing provided by franchisors.
D. Franchises have a lower 5-year failure rate than other small businesses

A franchise is a business that operates by using the services of a franchisor who is in charge of branding the company and a franchisee who uses the name of the brand to do business and pays a royalty fee.

Small business owners are people who do the marketing, branding, packaging and sales by themselves without necessarily involving the services of a marketer.

Some of the benefits of a franchisee over small business owners are the facts that:

They benefit from the successful marketing the franchisors provide
They have a lower failure rate after 5 years.

Therefore, the correct answers are options A and D

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Uli produces stereo speakers. The selling price per pair of speakers is $1,930. There is no beginning inventory. Costs involved

blondinia [14]

Answer:

Ending inventory= $240,840

Explanation:

Giving the following information:

Total variable manufacturing costs per unit $470

Fixed manufacturing overhead per year $679,420

During the year, Uli produces 1,610 pairs of speakers and sells 1,340 pairs.

The full costing method (absorption costing) includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead. 

First, we need to calculate the total production cost:

Total cost= 1,610*470 + 679,420

Total cost= $1,436,120

Now, the unitary cost and ending inventory cost:

Unitary cost= 1,436,120/1,610= $892

Ending inventory= $892*270 units

Ending inventory= $240,840

7 0

3 years ago

Which of the following is an example of sustainable farming

Reil [10]

I think its B.

Sustainable farming focuses on producing long-term crops and livestock, while also having minimal effects on the environment.

7 0

3 years ago

Which statement is a consequence of objectivism? Group of answer choices Moral rules apply in all cases, without exceptions. Whe

lisov135 [29]

Answer:

B. Whether an action is objectively right depends on its consequences

Explanation:

Ayn Rand developed the theory of Objectivism. Objectivism according to her is the philosophical idea, that every thing people do, be it the pursuit of education or financial security is done simply for the purpose of preserving the human life. This theory promotes selfishness over altruism. It also advocates realism. Every other thing people do is supposed to conform to that which is the fact.

This theory also opines that if our philosophy of life is correct or right, then we would be successful. But if our philosophy of life is wrong, then the consequences would be inimical.

4 0

3 years ago

The following static budget is provided: Units 27,000 Units Sales $ 270,000 Less variable costs: Manufacturing costs $ 94,500 Se

valentinak56 [21]

Answer:

$62,750

Explanation:

The computation of budgeted net income is shown below:-

Budgeted income = (Contribution Margin × Units produced and sold ÷ Units) - Manufacturing costs - Selling and administrative costs

= ($118,800 × 25,000 ÷ 27,000) - $29,700 - $17,550

= $110,000 - $29,700 - $17,550

= $62,750

Therefore for computing the Budgeted income we simply applied the above formula.

4 0

3 years ago

Read 2 more answers

A company uses straight line depreciation for an item of equipment that cost $12000, had a salvage value of $2,000 and a five ye

timurjin [86]

Answer:

option (d) 2400

Explanation:

Data provided in the question:

Initial book value = $12,000

Salvage value = $2000

Useful life = 5 years

Thus,

Using the straight line method of depreciation

Annual depreciation = [Cost - Salvage value] ÷ Useful life

= [ $12,000 - $2,000 ] ÷ 5

= $2,000

Accumulated Depreciation for 3 years

= Annual depreciation × Time

= $2,000 × 3

= $6,000

Book value after 3 years = Cost - Accumulated depreciation

= $12,000 - $6,000

= $6,000

Remaining useful life = 2 years

Reduced Salvage value after 3 years = $1,200

Therefore,

Depreciable value of the Asset = Book value - Reduced salvage value

= $6,000 - $1,200

= $4,800

Revised depreciation to be charged every year

= Depreciable value of the Asset ÷ (Remaining useful life)

= $4,800 ÷ 2

= $2,400

Hence,

The correct answer is option (d) 2400

4 0

3 years ago