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algol [13]
3 years ago
13

A person who buys the right to use a business name and sell a product within a given territory is called

Business
1 answer:
miskamm [114]3 years ago
4 0
A. A franchise buys the rights to use a name and sell a product or service.
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Jackson has a loan that requires a $16,700 lump sum payment at the end of four years. The interest rate on the loan is 5%, compo
luda_lava [24]

Answer:

$13,739.13

Explanation:

To determine the amount that Jackson borrowed today, we have to find the present value of $16,700

PV = FV (1 + r)^-n

FV = Future value

P = Present value

R = interest rate

N = number of years

$16,700 (1.05)^-4 = $13,739.13

I hope my answer helps you

4 0
3 years ago
A new skills training initiative is aimed at increasing the ability
wel

Answer:

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Explanation:

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3 years ago
Suppose the sunk cost of obtaining your college degree is $50,000, the marginal cost is $175,000, and the marginal benefit is $2
Lorico [155]

We do not consider the sunk costs.

Since the marginal benefit (200,000) is greater than the marginal cost (175,000), marginal analysis implies that you should complete your college degree

4 0
3 years ago
Revenue is traditionally recognized in the accounting records when A. Cash is received. B. Services are rendered. C. It's incurr
sukhopar [10]

The correct answer is choice b.

Revenue is normally recognized when the services are rendered. At this point in the accounting cycle you would make an entry to record the sale. It would be a credit to Sales/Revenue and a debit to either cash or accounts receivable.

4 0
4 years ago
What do you need to become a lawyer​
jasenka [17]
4 years of undergraduate school ,
3 years of law school ,
aba (american bar association) , &
jd degree ( juris doctor) for most but not all states
8 0
3 years ago
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