All categories

3 years ago

All of the following are disadvantages to the franchisee except

Business

2 answers:

katrin2010 [14]3 years ago

6 0

Buying an established business means already has books set up & has loyal customers

Taya2010 [7]3 years ago

3 0

Group of answer choices:

A) loss of control

B) continuing royalty fees

C) hard work

D) a fee for advertising

E) starting a business with limited capital

Answer:

The correct answer is letter "E": starting a business with limited capital.

Explanation:

A franchise is a business in which one party - the franchisee - acquires access to the proprietary knowledge, processes, and trademarks of an established business - the franchisor. A franchise offers the chance to own a business while avoiding many of the initial challenges like major investments. The franchisee buys the right to sell a product or service under an established brand name in exchange for a fee.

You might be interested in

The cash coverage ratio is used to evaluate the:Liquidity of a firmSpeed at which a firm generates cashLength of time that a fir

Studentka2010 [4]

Answer:

The correct answer is letter "C": Ability of a firm to pay the interest on its debt.

Explanation:

The cash coverage ratio is a metric that measures a company's ability to pay its financial obligations. Generally, the higher the coverage ratio the better for the business to meet its debt obligations. It is best to compare coverage ratios of companies in the same industry or sector in the economy. Comparisons across industries are not useful as companies in different industries use debt in different ways.

5 0

2 years ago

On July 1, 20X4, Pillow Corp. obtained significant influence over Sleep Co. through the purchase of 3,000 shares of Sleep's 10,0

puteri [66]

Answer: $18,000

Explanation:

Income from investment is the percentage of the acquired company's income that the company that acquired it will report as their own based on their percentage of ownership.

By purchasing 3,000 shares out of 10,000, Pillow Corp owns;

= 3,000 / 10,000

= 30% of Sleep Co.

These shares were bough on July 1 so the relevant period will be half a year.

At the end of the year, Pillow Corp will report 30% of half of Sleep Co. income as income from investment for the year.

= 30% * 120,000 * 0.5

= $18,000

3 0

3 years ago

Kotrick Company has beginning inventory of units and expected sales of units. If the desired ending inventory is units, how man

saw5 [17]

Answer: $26,000

Explanation:

Ending Inventory = Beginning Inventory + Units to be produced - Sales

18,000 = 15,000 + Units to be produced - 23,000

Units to be produced = 18,000 + 23,000 - 15,000

Units to be produced = $26,000

7 0

3 years ago

Charleston Company has two departments (Processing and Packaging) and uses a job-order costing system. Charleston applies overhe

olga_2 [115]

Answer:

$1.236= Estimated manufacturing overhead rate

Explanation:

Giving the following information:

Processing:

Direct labor cost= $44,500

Applied overhead= $55,000

To determine the estimated overhead rate, we need to use the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

55,000= Estimated manufacturing overhead rate*44,500

55,000/44,500= Estimated manufacturing overhead rate

$1.236= Estimated manufacturing overhead rate

3 0

3 years ago

Mr. James purchased a vacation house in Los Angeles on July 1, 2017. The purchase price was $1,000,000, and Mr. James spent $10,

dedylja [7]

Answer:

= $210,000

Explanation:

The question is to determine the income realized by Mr. James in 2019

The income is calculated as follows:

First, the basic information for calculation:

The Purchase price for the vacation house = $1,000,000

Spent Capital additions = $10,000

2019 worth of the house = $1,200,000

Secondly, based on the extracted figures, the income is calculated as follows

Income realised in 2019 = 2019 worth of the house - (Purchase Price - capital addition)

= $1,200,000 - ($1,000,000 - $10,000)

= $1,200,000 - $990,000

= $210,000

4 0

2 years ago