The mutual understanding and listening to both parties. It helps create a stronger work relationship (this isn’t the exact answer it’s just in my own words)
Nathan is considered to be a franchiser. A franchiser is
being defined as someone who owns an overaching company or trademarks and
products in which they give a right to the franchisee to be able to run the
franchise’s location in which is agreed with a fee.
Answer: $2500
Explanation:
From the question,
Average variable cost(AVC) = $50
Average total cost (ATC) = $75
Output (Q) = 100
Since Average fixed cost is the difference between the average total cost and the average Variable cost. This will be:
AFC = ATC - AVC
AFC = $75 - $50
AFC = $25
We should note that:
AFC = TFC / Q
TFC = AFC × Q
TFC = $25 × 100
TFC = $2500
Therefore, total fixed cost is $2500
<span>In this case the manager can study the sales and profits of the company over a particular period of time. This will enables the manager to understand where there is a actual deficiency so that the manager can work upon on that. Also the manager needs to take into consideration, the pricing policy as the industry is very competitive.</span>
Answer:
d. Owners' Equity is $30
Explanation:
The owners equity is the amount of money that is own by the owner of the business or the business itself minus all of the debts that the business has, in this example, Lily just sold $100 in products, generating a profit of $30, because she bought that for $70, but she owns $70 of those $100 to the local bank, so eventhough she has $100, only $30 are actually owned by the business so Owner´s Equity equals $30.
