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babymother [125]
3 years ago
15

An entrepreneur has purchased a gym franchise and been very disappointed in the results. The franchise has not earned what the e

ntrepreneur had hoped, and the entrepreneur has needed more support that the franchiser has to offer. In addition, there is far more management and paperwork involved than the entrepreneur expected, so she is finding that running a gym is just not what she wants to do. She has decided to close the club when her franchise expires in six months and open a yoga studio instead. Explain what a fiduciary duty is and give two examples of what the franchisee would need to do to uphold her fiduciary duty in the remaining six months.
Business
1 answer:
dsp733 years ago
8 0
Well, she could not get a refund. So her best option is the sell the gym and RENT a yoga studio so she doesn't get disappointed again. 
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QUESTION 20 Which of the following is defined as a planned, systematic process of change that uses behavioral science knowledge
Pachacha [2.7K]

Answer:

The correct answer is : B. Organization development (OD)

Explanation:

It is a process which can help organizations and companies to build their capacity to change. It also helps to achieve better effectiveness. What it is required to do so is to reinforce, improve and develop strategies, processes and if it is the case different structures

7 0
3 years ago
Arnold was employed during the first six months of the year and earned a $90,000 salary. During the next 6 months he collected $
Setler [38]

Answer:

$147,260

Explanation:

Salary$ 90,000

Unemployment compensation $7,200

Interest income $60

Retirement benefit $50,000

Adjusted gross income $147,260

Therefore Arnold’s adjusted gross income for the year is $147,260 although the

interest-free loan does not result in gross income to Arnold due to the $10,000 exception.

4 0
3 years ago
Wesimann Co. issued 12-year bonds a year ago at a coupon rate of 7.8 percent. The bonds make semiannual payments and have a par
Nesterboy [21]

Answer:

Price of bond  =1,143.18

Explanation:

<em>The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV). </em>

Value of Bond = PV of interest + PV of RV

The value of bond for Wesimann Co can be worked out as follows:

Step 1  

<em>PV of interest payments </em>

Semi annul interest payment  

= 7.8% × 1000 × 1/2 = 39

Semi-annual yield = 6.1%/2 = 3.05  % per six months

Total period to maturity (in months)

= (2 × 12) = 24 periods (Note it was sold 12  years ago)

PV of interest =  

39  × (1- (1+0.0305)^(-24)/) 0.0305 = 656.94

Step 2  

<em>PV of Redemption Value</em>

= 1,000 × (1.0305)^(-24) = 486.237

Price of bond

=   656.94 +486.23 = 1,143.179

Price of bond  =1,143.18

7 0
4 years ago
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garik1379 [7]

Answer: One way Marcos might improve his Google Ads campaign is:<em><u> See the suggestions on the Opportunities page</u></em>

The opportunities tab is vital for the following reason: <em> It's exemplary approach to create the AdWords program and also because it has powerful features.</em>

<u><em>Therefore, the correct option is (c).</em></u>

8 0
3 years ago
Adjusting entries affect at least one:_______.
Valentin [98]

Answer:

d) income statement account and one balance sheet account

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All account types, assets, expenses, revenue, equity and liabilities are represented in either the balance sheet or the income statement. Balance sheet includes assets, liabilities and equity while income statement includes expense and revenue accounts.

Because each transactions is recorded under the double entry system, any adjustment at least affects one of the statements.

6 0
3 years ago
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