I would say a just to make sure he is making a right chocie
If the original price of Dima’s skirt was $54, the amount that she have saved at the store was option(b)i.e, $1.80.
Let's just take the sales price of the skirt Dima purchased from the discount shop as the rate of the other retailer is not provided.
Original price: $54
Discount rate: 30%
$54 x 30% = $16.20 value of the discount
$54 - 16.20 = $37.80 discounted price.
Since Dima's friend told her she could have had a better deal at a different store, this means that the discount rate is higher than 30%. i.e, the discount is 33.33%
$54 x 33.33% = $17.99 value of the discount
$54 - 17.99 = $36.00 discounted price.
Discount store: $37.80
Different store: $36.00
The different store sales price is cheaper by $1.80
Therefore, she could have saved $1.80 at the store her friend suggested.
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Answer: $30000
Explanation:
Based on the information given in the question, the required reserve will be:
= $60000 × 25%
= $15000
Since the bank's required and excess reserves are equal, then the excess reserve will be $15000.
Therefore, the actual reserves will be:
= Required reserve + Actual reserve
= $15000 + $15000
= $30000
The False statement about Franchisee is " Franchisee is a method of distributing products or services involving a franchisor "
To find the False statement , we need to know more about Franchisee .
<h3>What is
Franchisee?</h3>
A franchise (or franchising) is a method of distributing products or services involving a franchisor, who establishes the brand’s trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system.
Franchisee in Territorial Rights:
Whether or not the franchisee is granted a form of territorial protection wherein, for example, the franchisor will not grant competing franchises. Typically franchisees will be granted an operating territory within which they are required and restricted to conduct the operations of their franchise business.
The franchise agreement will define where the franchisee may operate the franchised business, who the franchisee may or may not sell products or service to and any protection that may be afforded to franchisee regarding his or her territory.
Thus, we can conclude that the above statement is Typically, the franchisee determines the territory to be served by the franchise is False.
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