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Art [367]
3 years ago
12

__________ is credited with being the first restaurant to franchise.

Business
1 answer:
Mazyrski [523]3 years ago
3 0
During 1850,Frederick Henry Harvey is the one founded the first restaurant chain in the U.S. The first of the Harvey House restaurants opened in 1876, in a terminal of the Atchison, Topeka & Santa Fe Railroad. In 1887, there was a Harvey House restaurant in every 100 miles along the 12,000‑mile‑long Atchison, Topeka & Santa Fe line. He strongly believe that quality control established is the reason why regular field visits to his restaurants, and provided services similar to those used today by franchisors
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O'Brien Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 25 years. Their nominal annual, not semiannual yiel
kiruha [24]

Answer:

7.84%

Explanation:

Given:

Bond's par value (FV) = $1,000

Maturity (nper) = 25 × 2 = 50 periods (since it's semi-annual)

YTM (rate) = 0.0925÷2 = 0.04625 semi annually

Price of bond (PV) = $875

Calculate coupon payment (pmt) using spreadsheet function =pmt(rate,nper,-PV,FV)

PV is negative as it's a cash outflow.

So semi- annual coupon payment is $39.20

Annual coupon payment = 39.2×2 = $78.40

Nominal Coupon rate = Annual coupon payment ÷ Par value

                                     = 78.4 ÷ 1000

                                     = 0.0784 or 7.84%

4 0
3 years ago
In a command economy, Individuals fellow thir self-interest without government intervention True or False
GarryVolchara [31]

Answer:

false

Explanation:

command economy is the same as a planned economy where the prices and incomes are decided and fixed by the central government

5 0
3 years ago
Read 2 more answers
An airplane manufacturer assembles a plane in one location and the workers and equipment go to the airplane when they need to wo
salantis [7]

Answer: c. fixed-position layout.

Explanation:

This is a system that addresses the layout requirements of stationary projects.

Here, project remains in one place and workers and equipment come to that one work area.

Examples are plane, ship, highway, a bridge, a house, and an operating table in a hospital, etc.

5 0
3 years ago
Read 2 more answers
​J&A Corporation has a monthly target operating income of $ 45 comma 900. Variable expenses are 10​% of sales and monthly fi
rewona [7]

Answer:

1.37

Explanation:

Given that

Operating income = $45,900

Variable expenses = 10%

Fixed expenses = $17,100

The calculation of operating​ income is shown below:-

Contribution margin = Operating income + Fixed expenses

= $45,900 + $17,100

= $63,000

So, Operating leverage = Contribution margin ÷ Operating income

= $63,000 ÷ $45,900

= 1.37

4 0
3 years ago
When Casey was promoted to head librarian of a small branch library, she really enjoyed the autonomy she had to hire employees,
Solnce55 [7]

It is an example of an intrinsic reward.

<u>Explanation:</u>

The occurrence given above is a case of AN INTRINSIC REWARD.   There are two types  of remuneration, inborn and extraneous prize. An inborn prize is a sort of remuneration which is by and by picked up when one accomplishes a by and by set objective. An intrinsic reward is close to the individual who is occupied with a specific action.

For example, in the situation given over, the natural prize is the fulfillment and the satisfaction which Casey feels. An extraneous prize is a sort of remuneration that is given to one by a more significant position authority because of good execution.

8 0
3 years ago
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