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PilotLPTM [1.2K]
4 years ago
7

Samuel has $20 and wants to buy a notebook. He buys the first one he finds, costing him $6. Evaluate Samuel's financial literacy

.
Business
1 answer:
stealth61 [152]4 years ago
8 0
Low financial literacy, because if he had a higher understanding of how choices work he would put a bit more effort into finding a lower-priced one, spending a bit more time as a trade-off for being able to spend more of his money later. 
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Franchisers are permitted to recognize the revenue from the sale of a franchise whenever they wish under accrual-basis accounting- False.

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Most lucidly, A franchise can be defined as a joint venture between a franchisor and a franchisee. To note, the franchisor is the original business. The franchise is on the other hand, the purchaser of the rights of the franchisor. Franchises in today's times represent a popular way for entrepreneurs to start a business.

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Pet care salons, skin clinics, and day care centers are all examples of businesses operating in the <u>service industry</u>.

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