1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
myrzilka [38]
3 years ago
8

Enok, a prospective franchise owner, is looking to keep his monthly costs as low as possible. The franchisor he is checking out

is advertising that royalty payments of 8% of sales could be as high as $300,000 per month. The franchisor is claiming that a franchisee can expect monthly sales to be as high as(1) $300,000.(2) $3,125,000.(3) $3,750,000.(4) $3,000,000.
Business
1 answer:
Reika [66]3 years ago
5 0

Answer:

(3) $3,750,000

Explanation:

The computation of the expect monthly sales to be as high is shown below:

Given that

Sales per month = $300,000

Royalty payments = 8% of sales

So, the expected monthly sales would be

= Sales per month ÷ Royalty payments percentage

= $300,000 ÷ 8%

= $3,750,000

We simply divided the sales per month by the royalty payment percentage i.e 8%

You might be interested in
Monica, a​ doctor, owns a small health care clinic that serves underserved people in a​ lower-income neighborhood. What type of
kogti [31]

Answer:

b

pyfpyfjzifztksrizirsitstoztozotd7itsktdtixoyd

7 0
2 years ago
When only certain eoc team members or organizations are activated to monitor a credible threat, which activation level has been
skelet666 [1.2K]

The answer is:  Level 1 – Full Activation

In this level, the state would give a notification to all states' supporting agencies that a start plan is about to be implemented. The  Division of Emergency Management personnel  would soon take control to organize these agencies and assign them with each of their own roles.

5 0
3 years ago
Read 2 more answers
What is the term used to describe the dollar amount of a physical damage claim paid by the policyholder?A. Coinsurance clause.
Reika [66]

Answer:

C. Deductible.

Explanation:

Variable universal life insurance is insurance that provides permanent insurance coverage as whole life does; however the policyholder, not the insurance company, takes on the investment risk.

A Variable universal life insurance is a type of permanent life insurance policy which avails the holder the opportunity of investing the cash component of the plan (policy) for a much greater returns and as such the investment risk associated with the policy lies completely on the policy holder and not the insurance company.

Additionally, a group life insurance policy can be defined as a single contract plan that covers a group of people by providing life insurance coverage. An employer may opt for a group life insurance policy which would cover the lives of his or her employees.

Deductible is the term used to describe the dollar amount of a physical damage claim paid by the policyholder.

5 0
3 years ago
How do businesses and the society benefit from marketing?
Verdich [7]

Answer:

Marketing stimulates a competitive economy, promotes products and services, and targets consumers who are most likely to become purchasers. Higher sales for a company that employs effective marketing strategies translate into expansion, job creation, higher government tax revenue, and eventually, overall growth.

HAVE A GOOD DAY!

5 0
3 years ago
On January 1, 2020, Hage Corporation granted incentive stock options to purchase 26,000 of its common shares at $7 each. The opt
malfutka [58]

Answer:

223,250 shares

Explanation:

proceeds from the exercise of options

= 26000 × 7 =                                                                                 182,000

used to repurchase common stock at market price

182,000 ÷ 8 =                                                                                   22,750

shares outstanding march 31, 2021          

                                                                                                      220,000

shares to be used in cal diluted EPS;

(26,000 - 22750) + 220,000                                                       223,250‬

       

No. of Shares for computing Diluted Earning per share = 223,250 shares

5 0
3 years ago
Other questions:
  • The Hill Company reported the following results:
    5·1 answer
  • When banks borrow and lend reserves in the federal funds market,
    13·1 answer
  • If I have a half circle how many degrees are they?
    11·1 answer
  • While promoting a new line of kayaks, a company decided to be traditional. It distributed folders to journalists, which containe
    5·1 answer
  • All of the following will cause a decline in a company’s gross profit EXCEPT A : clearance of discontinued inventory. B : sellin
    11·1 answer
  • Compared to other industries, salaries for technology-related jobs:
    10·1 answer
  • A bank manager argues that everyone has equal access to home loans, and if they cannot get one it is based on lack of effort, no
    7·1 answer
  • Ice Cream Corporation uses the weighted-average method in its process costing system. Data concerning the first processing depar
    5·1 answer
  • Margot starts a new business and contributes $20,000 in cash; she also borrows $25,000 from her local bank. She utilizes the cas
    5·1 answer
  • Wendy claims that the right mix of hamburgers and other goods is being produced, but that they are not being produced in the lea
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!