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Shtirlitz [24]
3 years ago
5

Scarlett is graduating from culinary school soon and she often imagines opening her own comfort food restaurant. Her other passi

on is skiing in Colorado, where she travels to four or five times every year. As her small business advisor, you believe it necessary to provide her with information that will help her make good business decisions. Which of the following would be helpful for Scarlett to know?
a. Restaurants are relatively easy businesses to start, but are labor intensive and also have the greatest failure rate.
b. Restaurants are not the easiest type of business to start, but once you get it going, you will have plenty of time for skiing.
c. Most restaurant owners get rich if they open their own, independent restaurant as opposed to starting a franchised operation.
d. Franchised operations will take less time on the part of the owner than a regular independently owned operation. If she opens a franchise, she will have more time for creativity in the business, and more time for skiing too.
Business
1 answer:
Inessa [10]3 years ago
6 0

Answer:

d. Franchised operations will take less time on the part of the owner than a regular independently owned operation. If she opens a franchise, she will have more time for creativity in the business, and more time for skiing too.

Explanation:

You might be interested in
22. Analysts who follow Howe Industries recently noted that, relative to the previous year, the company’s net cash provided from
Zanzabum

Answer:

b.The company made large investments in fixed assets.

Explanation:

When company cuts dividend , cash in balance sheet will not reduce . It wii be in the form of reserve.

When company makes investment in fixed asset , its cash will decrease.

When the company sold a division and received cash in return , its cash will increase.

The company issued new common stock , its cash will increase .

The company issued new long-term deb , its cash increases .

So option b is correct.

7 0
4 years ago
When sales increase by 9%, which of the following should also increase by 9% in a merchandising company?(A) Variable cost(B) Fix
cupoosta [38]

Answer:

(A) Variable cost

(C) Gross margin

D) Contribution margin

Explanation:

mathematically:

Gross Margin = Sales – cost of goods sold

for constant cost of good sold, an increase in sales alternately increases the gross margin.

and

Contribution Margin = Sales – Variable costs

as sales increase, the variable cost has to increase so as well the contribution margin has to increase.

5 0
4 years ago
Over the last week, you had 50 customers who bought a total of 40 hotdogs at $2.00, 10 grilled cheeses at $4.00, and 5 cheesebur
kobusy [5.1K]

$3.20

Take the total sales divided by total customers.

Sales of hotdogs 40* $2 = $80

of grilled cheese 10* $5 = $50

of cheeseburgers 5 * $6 = $30

Total sales $160/50 customer = $3.20/per customer

4 0
3 years ago
Suppose that three firms make up the entire tire manufacturing industry. One has a 40% market share, and the other two have a 30
masha68 [24]

Answer:

3400

increase

Explanation:

the Herfindahl index is used to calculate the concentration of firms in an industry

The HHI is calculated by squaring the market share of each firm in the industry.

40² + 30² + 30² = 3400

If one of the firms leaves the industry, the industry becomes more concentrated and the HHI index would increase

5 0
3 years ago
What is a mutually exclusive project? how should managers rank mutually exclusive projects?
Masteriza [31]

An exclusively project relationship simply means that certain projects are mutually exclusive by accepting one investment while rejecting other investments present. This decision is usually made when all other projects are excluded from any kind of considerations. 

7 0
3 years ago
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