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puteri [66]
3 years ago
14

Is it true or false that once all franchis is paid for all profit goes to the entrepreneur

Business
1 answer:
MA_775_DIABLO [31]3 years ago
7 0

This statement is false.

When an entrepreneur buys into a franchise they will always have franchise fees, even after their intial investment is paid for. The additional fees that they always pay include charges for things like marketing and royalties. These fees are normally based on a percentage of a business’s sales.

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Which of the following best describes how economists test the empirical predictions of economic models? A) Economists survey ind
salantis [7]

Answer:

The correct option here is C)

Explanation:

The correct answer is C) because Economics is nothing but empirical science and by empirical science it means that the economists will have to study the real world examples or evidences to create a support for their theory. And based on this , we can definitely say that from the given choices in the question option C) is definitely correct, they first collect the real world observations and then analyze them to see whether these actions are in accordance with their theory.

7 0
3 years ago
Carrie is a project manager. She is using a spreadsheet to calculate how much the project will cost. She enters the salaries for
mart [117]

Answer: =(B2+1.5)*(B3+1.5)*(B4+1.5)*(B5*1.5)

Explanation: my guess

5 0
3 years ago
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Monte Services, Inc. is trying to establish the standard labor cost of a typical brake repair. The following data have been coll
Iteru [2.4K]

Answer and Explanation:

The computation is shown below:

1. The standard direct labor hours per brake repairs are shown below:

Actual time spent               5  hours

Setup and downtime (5 hours × 11%) 0.55

Cleanup and rest periods (5 hours × 27%) 1.35

Standard direct labor hours per brake repair 6.9

2. For standard direct labor hourly rate

Wage rate per hour $10

Payroll Taxes ($10 × 10%) $1

Fringe Benefits ($10 × 25%) $2.5

Standard direct labor hourly rate $13.5

3. For the standard direct labor cost per brake repair

= 6.9 hours × $13.5

= $93.50

5 0
3 years ago
Which of the following is widely accepted as a method of payment?
Alenkasestr [34]

Answer:

C

Explanation:

which is a legal tender and it's generally acceptable

7 0
3 years ago
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. At year-end, Barr Co. had shipped $12,500 of merchandise FOB destination to Lee Co. Which company should include the $12,500 o
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4 years ago
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