Answer: Answer of the following question will be (B)
Attempt to balance the rights of both parties.
Explanation:
- Franchise law is the body of law relating to the creation, operation, and termination of franchise relationships.
- It works in different countries in different ways.
- The termination of a franchise is the ending by a franchiser or franchisee by canceling franchise license.
- When a franchisee finished by law, the law takes care that no party gets harm by the law
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Based on the amount to be sold and the intended level of earnings, the selling price per unit should be<u> $3.40</u>
The Contribution margin needed is:
<em>= Fixed cost + Required earnings </em>
= 250,000 + 260,000
= $510,000
To get to this amount, the sales should be:
<em>Contribution margin = Sales x ( Selling price - Variable cost)</em>
510,000 = 250,000 × 0.6x
510,000 = 150,000x
x = 510,000 / 150,000
x = $3.40
In conclusion, the selling price is $3.40
Find out more about intended selling price/ quantity at brainly.com/question/25638811.
Answer:
Production= 26,500
Explanation:
Giving the following information:
Sales= 25,000 electronic bicycles
Beginning inventory= 2,000
Ending inventroy= 3,500
<u>To calculate the production required, we need to use the following formula:</u>
Production= sales + desired ending inventory - beginning inventory
Production= 25,000 + 3,500 - 2,000
Production= 26,500