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lorasvet [3.4K]
3 years ago
15

McDonald's is an example of a ________ franchise. a. conversion formsb. trade namec. product distributiond. pure

Business
2 answers:
Kryger [21]3 years ago
5 0

Answer: Pure franchise

Explanation:

Pure franchise is also known as business format franchising or comprehensive franchising. Pure franchise is a form of franchise that involves a complete and detailed business format, a trade name, license, the goods or services to be sold, store layout, marketing plan, the methods of operation, a quality control process, and the mandatory business support services.

The franchisee buys the right to use all the elements of a completely integrated business operation. The most common type of franchising is pure franchising. Examples of pure franchise are McDonald's Taco Bell and Papa John’s, Taco Bell, and McDonald’s.

Sergio039 [100]3 years ago
3 0

Answer:

Pure Franchise

Explanation:

A Pure franchise can be defined as the way in which franchise made available all the necessary and important document which the franchisee will need such as the complete business format , trade name licence, the types of product or goods to be sold, the marketing strategy to use as welll as the type of method of operation to follow and use among others.

In addition PURE FRANCHISE may as well include the actual amount or cost for the start upstart, franchise fees as well as their growth history.

All this procedure are what the franchisor use to sells the complete business format as well as the system of their product to the franchisee in which the franchisee must adopt as well.

Therefore McDonald's is an example of a PURE franchise.

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Jackson Company had a net increase in cash from operating activities of $10,000 and a net decrease in cash from financing activi
zmey [24]

Answer:

A. an outflow or decrease of $1,000.

Explanation:

Ending balance of cash = Opening balance of cash + Net cash flow of the period

Ending balance of cash = Opening balance of cash + ( Cash flow from operating activities + cash flow from investing activities + cash flow from financing activities )

$11,000 = $4,000 + $10,000 + cash flow from investing activities - $2,000

$11,000 = $12,000 + cash flow from investing activities

Cash flow from investing activities = $11,000 - $12,000

Cash flow from investing activities = -$1,000

7 0
3 years ago
The following information is provided for Sacks Company. Cash $ 12,000 Supplies 4,500 Prepaid rent 2,000 Salaries expense 4,500
MakcuM [25]

Answer:

The amount of total liabilities is $5,000

Explanation:

In this question, we apply the accounting equation which is shown below:

Total assets = Total liabilities + owner's equity

where,

Total assets = Cash + supplies + prepaid rent + equipment

                    = $12,000 + $4,500 + $2,000 + $65,000

                    = $83,500

Owner's equity = common stock + ending retained earning balance

where,

Ending retained earning balance = Beginning retained earning balance + net income - dividend paid

The net income = Service revenue - Miscellaneous expenses - salaries expense

= $30,000 - $20,000 - $4,500

= $5,500

Now put these values to the above formula  

So, the ending retained earning balance would equal to

= $8,000 + $5,500 - $3,000

= $10,500

And, the owner equity = $68,000 + $10,500 = $78,500

So, the total liabilities would be

= $83,500 - $78,500

= $5,000

4 0
3 years ago
Why might Business classification and behavior change?
Anika [276]
To be more professional in a business sense. If I am the president of a bank I want to be classical and professional. I change with my title.
4 0
3 years ago
The Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly.
katen-ka-za [31]

Answer:

Allocated MOH per unit= $45.94

Explanation:

Giving the following information:

Product Number of Units Labor Hours Per Unit

Blinks 1,178 2  

Dinks 2,060 3

Estimated overhead costs for the period= 108,300 + 87,800= $196,100

Total direct labor hours= (1,178*2) + (2,060*3)= 8,536

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 196,100 / 8,536

Predetermined manufacturing overhead rate= $22.97 per direct labor hour

<u>Now, we allocate overhead to Blinks:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 22.97*2= $45.94

5 0
3 years ago
Which would you need in the event of professional mishaps?
Artyom0805 [142]
You will need...A. insurance in the event of a proffesional mishap.
8 0
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