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2 years ago

Select the correct answer.

Business

1 answer:

natali 33 [55]2 years ago

8 0

Answer:

OB. the owner owns only some of the units

Explanation:

A franchise is a business model where a franchisee acquires a license from the franchisor to operate a similar business to the franchisor. The franchisor owns the popular business and authorities the franchisee to establish an independent but outlet. The franchisee acquires rights to the business name, products, services, logo, brand name, and systems from the franchisor.

A franchisee business operates as a branch of the franchisor business. The only difference is that a franchisee is owned and managed by an independent investor. In the chain store, all the branches are owned by the same entity or investor. The franchisor does not own all the outlets that operate with his brand name.

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Connie, a single mother and home-business entrepreneur, enjoys running her own business. However, because she is busy balancing

VladimirAG [237]

Connie can best be described as Solo Operator type of entrepreneur.

Explanation:

Connie is a single mother who works from home on her small business which is her primary source of income but is ridden by the work of house and work which makes her unable to expand her business as she cannot invest enough time in it.

This is happening because she is a sole operator as in she has to take all the decisions and do all the work by herself with no additional help from anyone else whatsoever in the family or the work front either.

7 0

3 years ago

Discuss social responsibility and ethics?<br><br>

LuckyWell [14K]

Answer:

Social responsibility: It is an ethical theory in which individuals are accountable for fulfilling their civic duty.

Social ethics: It refers to guidelines and principle if that group of people who decided to references to in order to be accepted.

8 0

3 years ago

Assume the spot Swiss franc is $0.7000 and the six-month forward rate is $0.6950. What is the minimum price that a six-month Ame

Rama09 [41]

Answer:

2 cents

Explanation:

The spot price = $0.7000 = 70 cents, The forward rate = $0.6950 = 69.5 cents and the call option with striking price = $0.6800 = 68.00 cents

The annualized six month rate = 3 1/2 % = 3.5 %, therefore the rate = r/n, where n is the number of period per year = 2. Therefore r/n = 3.5% / 2 = 0.035 / 2 = 0.0175

The minimum price = Maximum (spot price - striking price, (forward rate - striking price) / (1 + 0.0175), 0) = Maximum(70 - 68, (69.5 - 68)/ 0.0175, 0)

Minimum price = Maximum (2 , 1.47, 0) = 2 cents

4 0

3 years ago

Northwest Iron and Steel is considering getting involved in electronic commerce. A modest e-commerce package is available for $3

djverab [1.8K]

Answer:

$8,693

Explanation:

Effective annual interets rate: AI = (1+i/m)^n - 1

i = 3*2=6%, m = 26

AI = [1+6%/26]^26 - 1

AI = 1.0617 - 1

AI = 0.0617

Let semi annual income be $X. So, present value of four semiannual income will be aggregated to get principal invetsed money of $30,000

30,000 = ∑[X/1.0617^n}

30,000 = 3.451 * X

X = 8693.132425383947

X = $8,693

Therefore, firm have to earn $8,693 after every 6 months at an interest rate of 3% per week to recover $30,000 initial investment in 2 years

3 0

2 years ago

Classify each of the following financial statement items based upon the major balance sheet classifications. select a major bala

seropon [69]

Answer:

Prepaid Advertising - Current Asset

Equipment - Property, Plant, and Equipment

Trademarks - Intangible Assets

Salaries and Wages payable - Current Liabilities

Income Tax payable - Current Liabilities

Retained Earnings - Stockholder's Equity

Account Receivable - Current Assets

Land (Held for future use) - Long term Investment

Patents - Intangible Asset

Bonds Payable - Long term Liability

Common Stock - Stockholder's Equity

Accumulated Depreciation - Property, Plant, and Equipment

Unearned sales revenue - Current Liability

Explanation:

Balance Sheet of a company has different heads under which items are classified according to their nature. The major account heads for classification are Assets, Liabilities and Equity.

Prepaid Advertising and Account receivable are classified as current asset because this is expected to be used within a year.

Equipment is classified as Long term asset under the head, Property, Plant and Equipment. The equipment has estimated useful life more than a year then it is classified as Long term asset.

Trademarks and patents are classified as intangible assets, because they are not physical in nature.

Salaries and Wages payable, Income Tax payable and Unearned sales revenue are classified as Current liabilities. These expenses are due to pay within a year.

Retained Earnings and Common Stock are classified as Stockholders equity. The amount after subtracting all liabilities from total assets is referred to as Stockholder equity.

Accumulated depreciation is deducted from Property, Plant and Assets. This has negative sign and is a contra asset account.

5 0

2 years ago