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dem82 [27]
3 years ago
6

Once a business owner proves that a franchise is successful, his or her franchise will automatically be renewed True or False?

Business
2 answers:
sladkih [1.3K]3 years ago
6 0

That statement is false

Even if the business owner is successful in managing the franchises, that owner still needs to talk to the franchise owners for re-negotiation. During the re-negotiation, the term of agreement might be changed to accommodate the increasing revenue, numbers of  customers or business expansion.

Usimov [2.4K]3 years ago
5 0
The answer is False:)
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A truck acquired at a cost of $69,000 has an estimated residual value of $12,000, has an estimated useful life of 300,000 miles,
Anuta_ua [19.1K]

Answer:

A. $57,000

B. Depreciation rate per mile is $0.19

C. Depreciation is $14,630

Explanation:

a. cost of the truck less the residual value.

Cost of the truck        $69,000

Less: Residual value  <u>$12,000</u>

                                   $57,000

b. Depreciation rate per mile is computed by dividing cost of the truck less the residual value over the estimated useful life.

$57,000 / 300,000 miles = $0.19

c. Units-of-activity depreciation for the year is computed by multiplying miles driven for the year by depreciation rate per mile.

77,000 miles x $0.19 = $14,630

6 0
3 years ago
ABC Corporation, after many profitable years, declares a one-time special cash dividend of $10.00 per share. After the announcem
Crank

Answer:

1 ABC Jan 100 Call

Explanation:

Although the OCC does not usually adjust the strike price of listed options for regular quarterly cash dividends. This is because they are known quantity that are segmented by the market into options premium.

For special cash dividends, they are not a frequent event hence market does not recognize them. This special cash dividend is $10 per share × 100 shares = $1,000 value per contract. It therefore means that the $1,000 value per contract will be adjusted.

The new strike price will be

= 110 - 10 cash dividend

= 100. It also means that the number of shares covered by the contract does not change.

4 0
3 years ago
a company earned $3,000 in net income for october. its net sales for october were $10,000. its profit margin is
kari74 [83]

Answer:

30%

Explanation:

The computation of the profit margin is shown below:

Given that

Net income earned for the month of October = $3,000

And, the net sales for the month of October is $10,000

Based on the above information, the profit margin is

= Net income ÷ Net sales

= $3,000 ÷ $10,000

= 30%

By dividing the net income from the net sales we can get the profit margin and the same is to be considered

6 0
2 years ago
A business needs production workers who have strong math skills. They will
Andru [333]

Answer: applicants are given a math test

Explanation: I just did it

4 0
3 years ago
A fixed input, X, and a variable input, Y, are used to produce good A. If the marginal physical product (MPP) of Y is constant,
butalik [34]

Answer:

umm........i think its A..............

Explanation:

5 0
3 years ago
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