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Lina20 [59]
4 years ago
12

econ301 2. What advantages do franchise business offer nonprofit that seek side business to generate revenues to support their c

auses
Business
1 answer:
Solnce55 [7]4 years ago
6 0

<u>Explanation:</u>

A franchise business is one that allows another business (or non-profit) to carry out certain commercial activities, in a sense acting as an agent for the company.

Consider the following advantages:

1. Capital

The franchisor (the company that grants permission) may provide all the capital required to open and operate the non-profit.

2. Better-quality management. The years of experience accumulated by the franchisor may be of benefit to the non-profit. Thus, improving the quality of operations.

Other benefits include;

  • increase their speed of Growth  
  • increased Profitability
  • reduced Risk
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fifo uses the ______ cost for cost of goods sold on the income statement and the ______ cost for inventory on the balance sheet.
Annette [7]

fifo uses the oldest cost for cost of goods sold on the income statement and the newest cost for inventory on the balance sheet.

FIFO is an inventory accounting system that means first in, first out. This means that the first goods that are bought are the first that are assumed to be sold and the newest goods are assumed to remain in inventory.

For example, if you purchase 1 unit of a good at $3 on 1/3/21 and a second unit of the good at $5 on 31/03/21. Only one unit of the good is sold If the FIFO method is used, the cost of good sold would be $3 and the ending inventory would be $5.

To learn more, please check: brainly.com/question/5101734?referrer=searchResults

4 0
3 years ago
If your payment history counts for 35% of your credit score and the type of credit you use accounts for 10% of your score, which
fgiga [73]
Which of those two percentages is larger? that's your answer.

a larger percentage means that it has a greater affect on the outcome.
7 0
3 years ago
Which of the following is associated with the market development strategy?
pantera1 [17]

Answer: Option (c) is correct

From the given option the following is associated with the market development strategy: <em>Adding new features to products.</em>

Market development refers to the technique under growth strategy that visualize and establish new market segments for their products. This terminology targets non-buying individuals in targeted segments. This also targets new individuals in new segments.

4 0
3 years ago
Fink Insurance collected premiums of $17,900,000 from its customers during the current year. The adjusted balance in the Deferre
saw5 [17]

Answer:

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