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KatRina [158]
3 years ago
14

In a business franchise, who develops the product and business systems?

Business
1 answer:
vladimir2022 [97]3 years ago
6 0

Answer:

It depends on the type of business franchise.

In a business format franchise, the franchise will provide the franchisee all of the necessary things for a product + business system like marketing assistance, machines, supplies, etc... An example of this would be a fast food restaurant or a retail store.

In a product distribution franchise, the work is all up to the franchisee. The franchise will provide the logo and the right to sell its product but leaves the rest of the work to the franchisee. An example of this would be a car dealership or a gas station.

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What tends to happen to earnings as a person becomes more educated?
Stels [109]
As a person becomes more educated, the person may gain more money while working or applying to jobs and will gain more knowledge of their surroundings.
8 0
3 years ago
Barry owns a 50 percent interest in B&B Interests, a partnership. His brother, Benny, owns a 35 percent interest in that sam
omeli [17]

Answer:

$10,000 loss

Explanation:

Barry bought a property for $60,000. He sells it for $100,000 to a company he owns 50% of. 50% of $100,000 = $50,000. He bought it for $60,000 and sold it for $50,000... that's a $10,000 loss. But they did say they are keeping the property for resale so there still may be hope :D

5 0
3 years ago
Pierce Company issued 11% bonds, dated January 1, with a face amount of $800,000 on January 1, 2021. The bonds sold for $739,816
sdas [7]

Answer:

unrealized gain from change in market value = $10,617

Explanation:

Bonds carrying value = $739,816

amortization of bond discount = ($739,816 x 6%) - ($800,000 x 5.5%) = $389

amortization of bond discount = ($740,205 x 6%) - ($800,000 x 5.5%) = $412

bond's carrying value = $740,205 + $412 = $740,617

unrealized gain = carrying value - market value = $740,617 - $730,000 = $10,617

8 0
3 years ago
Peter Lynchpin wants to sell you an investment contract that pays equal $22,500 amounts at the end of each of the next 20 years.
Effectus [21]

Answer:

The amount to be paid for the contract today = $220,908.32

Explanation:

<em>The amount to be paid for the contract today will be equal to the present value of the annuity of $22,500 payable for 20 years discounted at a rate of 8% per annum.</em>

Present Value = A ×( 1 - (1+r)^(-n))/r

A- 22,500, r- rate of return - 8%, n -no of years 20 years

PV = 22,500 ×( 1-(1.08)^(-20) )/ 0.08

PV = 22,500 ×9.8181

PV = $220,908.32

The amount to be paid for the contract today = $220,908.32

7 0
3 years ago
Ad man Rosser Reeves believed that firms should develop a USP for each brand and stick to it. What does USP stand for?
Kazeer [188]

Answer: d. unique selling proposition

Explanation:

A unique selling proposition is a unique benefit exhibited by product or brand that makes it unique or different from other brands or products.

6 0
4 years ago
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