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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.

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Trade Associations provide all of the following except

Lyrx [107]

Answer: B: a degree

Trade Associations provide all of the following a degree.

Explanation:

Trade Associations refer to a group of people in a particular business or trade, who come together to promote their common interests. They are established to set laws and provide great knowledge to companies within the industry. Members operate in the same industry. They are non-profit organizations who provide different learning tools for businesses in a particular industry. They are also known as trade organization.

6 0

3 years ago

Hi-Test Company uses the weighted-average method of process costing to assign production costs to its products. Information for

LenaWriter [7]

Answer and Explanation:

The computation of given question is shown below:-

Hi-Test Company

Weighted-average method

Equivalent units

Particulars Physical units Material Conversion costs

Units to be accounted for

Beginning work-in-progress 2,000

Production started 28,000

Total units 30,000

Units accounted for:

1. Completed and transferred

out 23,000 23,000 23,000

(23,000 × 100%)

Ending work-in-progress 7,000 7,000 2,800

(7,000 × 100%) (7,000 × 40%)

2. Total units 30,000 30,000 25,800

Materials Conversion costs Total costs

Costs to account for:

Beginning work in

progress $45,000 $56,320 $101,320

($25,600 + $30,720)

Costs added during

period $375,000 $341,000 $716,000

Total costs $420,000 $397,320 $817,320

Total equivalent unit

of production $30,000 $25,800

3. Cost per equivalent unit $14.00 $15.40

Cost accounted for

4. Completed and transferred

out $322,000 $354,200 $676,200

(23,000 × $14.00) (2,800 × $15.40)

7. Ending work in progress $98,000 $43,120 $141,120

(30,000 × $14.00) (25,800 × $15.40)

Total cost $420,000 $397,320 $817,320

4 0

3 years ago

Why is important to have a checking account savings account and certificate of deposit?

alexdok [17]

Answer:

So you can be prepared to handle future responsibilities about finances.

Explanation:

One prime example would be when you go to college you need to make decisions whether to keep the money or give it away for some fragile reasons/needs. Maintaining a checking account instills the habit to grow & safeguard the savings you might make working after school. Just my two cents! :)

3 0

3 years ago

Inventory costing methods place primary reliance on assumptions about the flow of.

kvv77 [185]

Inventory costing methods rely heavily on assumptions about the flow of costs. The most widely used inventory valuation method is the FIFO method.

FIFO (First-In, First-Out), LIFO (Last-In, First-Out), Specific Identification, and Weighted Average Cost are the 4 major Inventory costing methods. If your inventory costs are steady or increasing, LIFO is the better option. Businesses with bigger inventories and rising costs appreciate how LIFO reduces profits and taxes while increasing cash flow. If your inventory costs are decreasing, FIFO is the better option.

Learn more on Inventory costing methods-

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3 0

1 year ago

Claudius took out an unsubsidized Stafford loan at the beginning of his six-year college career. The loan had a principal of $4,

Setler [38]

Answer:

$55.07

Explanation:

In this question we use the PMT formula that is shown in the attachment

Given that,

Present value = $4,850

Future value or Face value = $0

Interest rate = 6.50% ÷ 12 = 0.54%

NPER = 10 years × 12 = 120 years

The formula is shown below:

= PMT(RATE;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the monthly payment is $55.07

7 0

3 years ago

Read 2 more answers