Answer:
The franchise agreement is the contract that details the terms of the franchise
Explanation:
A franchise agreement is a legally binding document that outlines a franchisor's terms and conditions for a franchisee. Every franchise is governed by these terms, which are generally outlined in a written agreement between both parties.
In actuality, most franchise agreements are for an initial term of 10 to 20 years, and most franchisees leave before that term is completed.
The franchise agreement will designate the territory in which you will operate and outline any exclusivity rights you may have as well as spell out the royalty fees, franchise fee, trademark and mode of operations.
Answer:
$14,400
Explanation:
Given that,
Net cash provided by operating activities = $39,000
Net cash used for investing activities = $26,000
Net cash provided by financing activities = $1,400
The net change in cash during the year:
= Net cash provided by operating activities - Net cash used for investing activities + Net cash provided by financing activities
= $39,000 - $26,000 + $1,400
= $14,400
In setting prices for products and services, too high a price may <u>A. deter a customer</u> from purchasing a product, causing them to seek alternatives.
<h3>What are the factors involved in setting prices?</h3>
When setting prices of goods and services, managers should consider these factors:
- Production costs
- Organizational goals
- Marketing Objectives
- Marketing Mix Strategy
- The Market demand
- Competitors' costs, prices, and offers
- Price and Value perception of consumers.
<h3>Answer Options:</h3>
A. deter a customer from purchasing a product and seek alternatives
B. decrease a competitor's market share
C. indicate supply is too plentiful
D. increase demand and demand for the product.
Thus, in setting prices for products and services, too high a price may <u>A. deter a customer</u> from purchasing a product, causing them to seek alternatives.
Learn more about price setting at brainly.com/question/2597371
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Options:
a. 14.58%
b. 12.83%
c. 15.46%
d. 16.33%
e. 16.92%
Answer:
Correct option is A.
14.58%
Explanation:
After-tax yield = pre-tax yield x (1- marginal rate)
and Taxable-equivalent yield = tax-exempt yield / (1- marginal tax rate)
Hence Taxable-equivalent yield =.105/(1-.28)
=.105/.72=.14583333
=14.58 %
Answer:
Intrinsic Value = $38.0025
Explanation:
![\left[\begin{array}{ccc}Year&Dividends&Present \: Value\\0&1&-\\1&1.2&1.0984\\2&1.44&1.2065\\3&1.728&1.3252\\4&2.0736&1.4556\\5&51.2301&32.9168\\Intrinsic&Value&38.0025\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7DYear%26Dividends%26Present%20%5C%3A%20Value%5C%5C0%261%26-%5C%5C1%261.2%261.0984%5C%5C2%261.44%261.2065%5C%5C3%261.728%261.3252%5C%5C4%262.0736%261.4556%5C%5C5%2651.2301%2632.9168%5C%5CIntrinsic%26Value%2638.0025%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Fist, we calcualte the increase of the dividends, by multipling by (1+growth) 1.20 until year 4.
At year 5 we multiply by 1.05
Because from here the company will have a fixed growth rate, we can apply the dividend growth model

1.52838/ (0.0925-0.05) = 51.2301
Next we have to bring all these dividends, which are placed in futures date, to present value:

for example

PV = 1.3252
<em />
<em>Lastly, we add all the PV to get the intrinsic value of the share today.</em>