All categories

3 years ago

Please check my answer. I picked A.

1 answer:

7 0

You're correct. Because the definition of a franchise business is "A franchise is a business system in which private entrepreneurs purchase the rights to open and run a location of a larger company."

You might be interested in

C. If the marginal cost of a gallon of milk increases, how will the household respond?

Stella [2.4K]

Answer:

If the marginal cost of a gallon of milk increases, how will the household respond?

C. The household will continue to consume the same amount.

Explanation:

The increase in the marginal cost of a gallon of milk will not greatly alter the quantity of milk consumed by a typical household. At this initial point when the marginal cost of a gallon of milk increases, the household is not affected because the seller has not shifted the cost to consumers. Even when the marginal cost increase is shifted to the consumers, the quantity required by the household remains the same. What may likely change at that stage is that the price at which the a household buys a gallon of milk increases marginally. The marginal increase will not distort demand for milk but households can change brands and not the quantity of milk, or at worst, they pay a higher price for a gallon.

5 0

4 years ago

Name two expectations customers have that are part of the customer buying criteria.

bezimeni [28]

Price and awareness positioning are the right response.

BUYING CRITERIA AND IMPORTANCE ARE NOT THE SAME.

Most individuals will respond "safety" when asked what factor they consider most important when picking an airline. The same person won't say "safety" when you ask what factors they consider when buying a ticket because safety is taken for granted. Security is a given. A buyer's criterion could include a wide range of factors, including cost, delivery time, service accessibility, place of manufacture, etc. Additionally, you need to comprehend the relative importance that each criterion has in the industry. Although the quickness of delivery is given more importance than the low price, it may still be a factor.

to know more about buying criteria

brainly.com/question/13718445

#SPJ4

7 0

2 years ago

______ is when a firm enters a different business in which it can benefit from leveraging core competencies, sharing activities,

Ad libitum [116K]

The best description of the definition given above is Related diversification because it entails when a firm enters a different business in which it can benefit from leveraging core competencies, sharing activities, or building market power.

<h3>What is Related diversification?</h3>

Related diversification refer to a situation when a firm change into another new industry that is very similar with the firm's existing industry or industries

The benefit of related diversification is it allow the sharing of related resources and ensures profit of real diversification.

Therefore, Related diversification is when a firm enters a different business in which it can benefit from leveraging core competencies, sharing activities, or building market power.

Learn more on diversification from the link below.

brainly.com/question/417234

5 0

2 years ago

The present value of a perpetuity of 6,500 paid at the end of each year plus the present value of a perpetuity of 8,500 paid at

Kipish [7]

Answer:

$10,340

Explanation:

The computation of k is shown below;

Rate per quarter = 6% ÷ 4 = 1.5%

In the case when perpetuity paid every year, the effective rate is

= (1 + 1.5%)^4 - 1

= 6.136%

Now Effective rate in the case when perpetuity paid every 5 years

= (1 + 1.5%)^(4 × 5) - 1

= 34.68%

Now

The present value of Both perpetuities = $6,500 ÷ 6.13635506249994% + $8,500 ÷ 34.6855006550052%

= $130,431.99

Now

annuity =k

Number of Periods=25

effective rate = 6.13635506249994%

Annuity k =PV ÷ ((1 - (1 + r)^-n) ÷ r

= $130,431.99 ÷ ((1-(1 + 6.13635506249994%)^-25) ÷ 6.13635506249994%

= $10,335.84

= $10,340

6 0

3 years ago

Holthausen Corporation issued $400,000 of 11%, 20-year bonds at 108 on January 1, 2013. Interest is payable semiannually on June

lora16 [44]

Answer:

Journal Entries

Explanation:

The journal entries are as follows

1. Cash $432,000

To Bonds payable $400,000

To Premium on bond payable $32,000

(Being the issuance of the bond is recorded)

The premium on bond payable is computed below:

= $400,000 ÷ $100 × $8

= $32,000

The $8 comes from $108 - $100

2. Bond payable $400,000

Premium on bond payable $27,809

To Cash $412,000 ($400,000 × 103%)

To Gain on bond redemption $15,809 ($432,000 - $4,191 - $412,000)

(Being the retirement of the bond is recorded)

3 0

4 years ago