1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
luda_lava [24]
3 years ago
10

In his search for a franchised business that would satisfy his passion for the outdoors and earn him a decent living, Andrew not

ed that the shared profit criterion required of franchisors had significant variance. Some required franchisees to pay 7% of their monthly revenues to the franchisor. Others required 4% of the profits. In business we refer to this obligation as a:
Business
1 answer:
maxonik [38]3 years ago
6 0

Answer:

royalties

Explanation:

According to my research on franchised businesses, I can say that based on the information provided within the question in business this obligation is referred to as royalties. These is an obligation in which the franchisee agrees to pay the franchiser a set percentage of the profits made under the licensed company. Like seen in the question the royalty percentages depend on the company as well as what is agreed upon when signing the licensing agreement.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

You might be interested in
Lusk Corporation produces and sells 10,000 units of Product X each month. The selling price of Product X is $40 per unit, and va
Sunny_sXe [5.5K]

Answer:

<u>Part 1</u>  There will be a disadvantage for 30,000 as there are allocated cost into product X

<u>Part 2 </u>TRUE

As performing the order will not renounce to selling in the local market. When the order comiptes with the normal capacity(there is no idlbe capacity to use) it will have as opportunity cost the contribution if sold in the local market.

Explanation:

\left[\begin{array}{cccc} &$Current&$Discontinued&$Differential\\$Revenues&400,000&&-400,000\\$variables&-320,000&&320,000\\$Contribution&80,000&&-80,000\\$avoidable fixed cost&-50,000&&50,000\\$allocate fixed&-70,000&-70,000&\\$Result&-40,000&-70,000&-30,000\\\end{array}\right]

Revenue 10,000 x 40 = 400,000

Variable Cost: 100,000 x 32 = 320,000

Avoidable: 120,000 - 70,000 = 50,000

4 0
4 years ago
Suppose Chef City manufactures cast iron skillets. One model is a 10-inch skillet that sells for $28. Chef City projects sales o
cluponka [151]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Chef City projects sales of 625 10-inch skillets per month. The production costs are $5 per skillet for direct materials, $2 per skillet for direct labor, and $3 per skillet for manufacturing overhead. Chef City has 60 10-inch skillets in inventory at the beginning of July but wants to have an ending inventory equal to 25% of the next month's sales. Selling and administrative expenses for this product line are $1,000 per month. Chef City is budgeted to produce 721 skillets in July with a $10 production cost per skillet.

COGS= units sold* manufacturing cost

COGS= 625*10= 6,250

7 0
4 years ago
To what degree a country's legal system is based on the rule of law matters little in international business.
marissa [1.9K]

Rule of law is very important in case of country’s legal system

This means that no one can be regarded to be above the law in a society where the rule of law exists. In a parliamentary democracy, the rule of law places a duty on all citizens to uphold the law, and in order to do so, the legislation must be just and not arbitrary. The goal of the rule of law, like other constitutional concepts, is to advance peoples' freedom and basic rights.

People and corporations must abide by the regulations set forth by the rule of law in order to avoid penalties. The rule of law establishes norms for businesses so that they, too, know what is required of them in their transactions and enables people to comprehend what is expected of them in their personal capacities.

Learn more about rule of law at

brainly.com/question/820417

#SPJ4

3 0
2 years ago
__________ makes it possible for Ford to invest $60 million in a Mexico City manufacturing plant to produce smaller cars and lig
Dmitriy789 [7]

Answer:

The North American Free Trade Agreements

Explanation:

The reason is that the free trade agreements eliminates the price escalation which is imposed by the other countries on importing these goods. So as a result the market becomes less attractive to the company because its product are not able to compete in that environment. The FTA helps organizations to use the resources of other countries with which the country has free trade agreements to lower its costs to compete competitors. The vital resource in Mexico is cheap labor cost and America has one of the best technologies in the world.

7 0
4 years ago
The manager of a manufacturing company knows that they will need a new machine in one of their factories. The new machine will c
s2008m [1.1K]

Answer:

The company will make monthly payments of $299.71 for three years.

This means a total payments of $10,789.60 after the 36th month with an interest charge of $164.60.

Explanation:

a) Data and Calculations:

Cost of new machine = $12,500

Down Payment 15%  =       1,875

Amount financed through a credit union = $10,625

Interest rate charged by the credit union = 1% per year compounded monthly.

From an online finance calculator:

Monthly Payment = $299.71

Sum of all periodic payments = $10,789.60

Total Interest = $164.60

4 0
3 years ago
Other questions:
  • The national? freshman-to-sophomore retention rate has held steady at? 74%. a certain college has 477477 of the 587587 freshman
    8·1 answer
  • What caused the unintended consequence of "there's no such thing as shovel-ready projects?"
    11·1 answer
  • Why are prestige products often an exception to the law of demand?
    7·1 answer
  • ou are given 6 to 1 odds against tossing three heads with three coins, meaning you win $6 if you succeed and you lose $1 if you
    12·1 answer
  • The six important business objectives of information technology are: new products, services, and business models; customer and s
    15·1 answer
  • Based on the following information to construct an income statement, what is the net income amount?
    8·1 answer
  • Eagle Corp. operates Magnetic Resonance Imaging (MRI) clinics throughout the Northeast. At theend of the current period, the com
    15·1 answer
  • ELO Corporation purchased a patent for $135,000 on September 1, 2019. It had a useful life of 10 years. On January 1, 2021, ELO
    8·1 answer
  • Put the phases of the business cycle in the correct order in which they follow a depression.
    14·2 answers
  • Why would it be important to have a low minimum balance requirement on a student checking account?.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!