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icang [17]
3 years ago
5

You have decided to open a pet store and have engaged in a contract with Dog N' Cat Centers, Inc. You and the company have drawn

up an agreement that allows you to use the company's name and its proven method of doing business, to receive training, and to use its advertising materials. In this agreement, Dog N' Cat is the ____ and you are the ____.
Business
1 answer:
podryga [215]3 years ago
5 0

Answer:

franchisor; franchisee

Explanation:

Franchising is the system for the expanding business and distributing the goods and the services to meet the higher demand.

Franchisor is the big name and big company or business which offers small business for franchising in order to gain profits and expanding business.

Franchisee is small business owner who has purchased right to use existing business's trademarks and then uphold same standards as first business.

Hence, in the given case, Dog N' Cat is the <u>franchisor</u> and you are the <u>franchisee</u>.

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The present value of a single sum is: Select one: A. The amount that would be paid today to receive a single amount at a specifi
Marina86 [1]

Answer:

The correct answer is letter "A": The amount that would be paid today to receive a single amount at a specified date in the future.

Explanation:

The present value (PV) of a single sum tells us how much a future sum of money is worth today given a specified rate of return. This is an important financial concept based on the principle that money received in a specific time in the future is not worth as much as an equal sum received today.

8 0
2 years ago
One possible answer to the economic problems in West and Central Africa is A. griots. B. microcredit loans. C. imports of natura
photoshop1234 [79]
The correct answer is : B. Microcredit Loans

Microcredit loans are usually a very small loans to impoverished who usually does not have enough collateral or steady source of income/ Since the west and central Africans live way below poverty border, Microcredits is one of the best way to improve their economy.
7 0
3 years ago
Suppose that Eleanor receives higher pay at her workplace than her colleagues do, even though they perform essentially the same
Scrat [10]

Answer:

The answers are letters D and E

Explanation:

The effort and the human capital can explain this wage disparity.

5 0
3 years ago
Read 2 more answers
Oaktree Company purchased new equipment and made the following expenditures:
I am Lyosha [343]

Answer:

The Journal entries are as follows:

(1)

Equipment A/c       Dr. $71,890

To cash                                           $3,790

To accounts payable                     $68,100

(To record the purchase of equipment)

Workings:

Equipment value:

= Purchase price + Sales tax + Freight charges for shipment of equipment + Installation of equipment

= 64,000 +4,100 + 890 + 2,900

= $71,890

Cash Paid:

= Freight charges for shipment of equipment + Installation of equipment

= 890 + 2,900

= $3,790

Accounts payable = Purchase price + Sales tax

                               = 64,000 +4,100

                               = $68,100

(2)

Prepaid Insurance A/c    Dr. $1,090

To cash A/c                                             $1,090

(To record any expenditures not capitalized in the purchase of equipment)

7 0
2 years ago
Which of the following reasons can make a diversification strategy an unwise course of action for a company to pursue? Group of
Alex777 [14]

Answer:

Diversification for pooling risks

Explanation:

When a company wants to diversify it goes into various products in order to reach a larger market. This is the opposite of specialisation where the company focuses on one market or product.

When a company wants to diversify it will not be a good idea to do it because they want to pool risk.

Pooling of risk involves centralisation of process so that risk due to variability will be reduced.

Diversifying will increase risk due to variability.

8 0
3 years ago
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