With the franchise of her Camp Bow Wow, <em>a. It allowed her to work at realizing her </em><em>vision</em><em> and building the </em><em>brand </em><em>rather than the day-to-day </em><em>operations </em><em>of the business.</em>
Heidi did not choose the franchise option because she had experience in founding other franchises, had her fill with corporate life, or needed to recover money wasted on the settlement of her late husband's plane crash lawsuit.
Thus, with her passion for the dog daycare business, she used the franchise option <em>to duplicate and replicate</em> the original business concept., thereby realizing her vision and building the Camp Bow Wow brand.
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Answer: Technology over the past 10 years has changed very much with more people having access to technology know it is easier for many people to communicate around the world which allows for globalization. This helps us trade more because of communication which allows to live in our world today.
Explanation: I got it right after writing this short paragraph so you should too good luck.
Answer:
Present value = $45,185,606
Explanation:
Data:
number of periods(n) = 17 years
First-year profit = $5 million
Growth rate = 2%
Interest rate = 10%
Present value = ?
Solution:
The present value of the growing annuity can be calculated as follows
Formula:
Let's denote
annual interest rate = x
annual growth rate = y
Present value = First-year profit x 
Present value = $5,000,000 x 
Present value = $5,000,000 x 9.03
Present value = $45,185,606
Answer:
New price = $108
Explanation:
Given:
Old price for cleaning = $120
New discount rate = 10% = 10 / 100 = 0.1
Computation of new price for cleaning:
New price = Old price for cleaning (1-New discount rate)
New price = 120 (1-0.1)
New price = 120 (1-0.1)
New price = $108
Journal entry
Date Account Title and Explanation Debit Credit
Cash A/c Dr. $108
Service Revenue A/c $108
(Being amount received from cleaning)
Answer: This could be explained as follows
Explanation: Fixed cost are the cost which do not change with level of output and variable cost are those which does change with the level of output.
Wage sand salary cost are considered to be fixed as most of the firms pay their employees on monthly basis rather than on hourly or per unit basis.
Travelling cost can be both fixed or variable as per the situation as sometimes the travel is frequent and sometimes it is to be done for special purposes.
