Answer: Franchise
Explanation: In simple words, a franchise refers to an arrangement under which one entity allows other entity to use its business models, procedures and intellectual properties etc, in return of any loyalty or other such benefit.
This is a common arrangement nowadays and is usually used by the organisations to operate their business globally.
Hence from the above we can conclude that the correct answer is franchise.
Answer:
Castle State Bank's equity multiplier is 2.2
Explanation:
Total Assets = $2,200
Total Liabilities and Equity = $2200
Net Loans = $1,200
Total Equity = $2,200 - $1,200 = $1,000
Equity multiplier = Total Assets / Total Shareholders Equity
Equity multiplier = 2,200 / $1,000
Equity multiplier = 2.2
Total Assets is equal to Total equity and Liabilities. Total equity and Liabilities includes the balance of Both equity and liabilities. Total equity is calculated by subtracting Total Loans from Total equity and Liabilities.
Answer:
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<em>Hope</em><em> </em><em>this</em><em> </em><em>helped</em>
Answer:
d.Expenses for travel as a form of education are not deductible.
Explanation:
Expenses in the nature of travel, are not allowed while the travel might be for the purpose of education.
This is because it is not in the nature of direct expense.
As the expense for the purpose of business which are important for the business to pursue in a more positive manner is preferable and essential for the business.
As extra education and knowledge provide excellence to perform the task for which knowledge is acquired.
