1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
NNADVOKAT [17]
3 years ago
11

A(n) _____________ is a company that has a proven business model and is willing to sell the rights to use the business model to

others so that they can sell the same product or service within a given territory.
Business
1 answer:
Molodets [167]3 years ago
7 0

Answer:

Franchisor

Explanation:

To expand a particular business, it is necessary to take some steps. One of the ways in which a business can be expanded is through franchise.

Franchising is the term here and it is a popular marketing concept. For example there are lots of McDonald’s Franchise across the country. One of the ways which contributed to the present day success of McDonald is through this scheme.

The company that franchises is known as the Franchisor. They usually have a proven business model and can approach businesses who are keen on expansion. They then get the right to sell these products within the same territory using the Business name within the legal framework

You might be interested in
How does unsafe food harm us<br>​
Flauer [41]

Answer:

Unsafe food creates a vicious cycle of disease and malnutrition, particularly affecting infants, young children, elderly and the sick. Foodborne diseases impede socioeconomic development by straining health care systems, and harming national economies, tourism and trade.

6 0
2 years ago
Read 2 more answers
Assume that you purchase a 6-year, 8% certificate of deposit for $1,000. If interest is compounded annually, what will be the va
Dmitry [639]

Answer:

$ 1,586.8743

Explanation:

Calculation to determine what will be the value of the certificate when it matures

Compounded annually

Principal P= 1000

Rate r=0.08

Period n = 6

Using this formula

A = P (1+r)^n

Let plug in the formula

1000 (1.08)^6

= 1586.8743

Therefore what will be the value of the certificate when it matures is $1586.8743

8 0
3 years ago
Record the journal entry for Sales and for Cash Over and Short for each of the following separate situations. The cash register’
erica [24]

Answer:

Explanation:

The journal entries are shown below:

1. Cash A/c Dr$598

     To Sales $560

     To Cash over and short $38

(Being the cash sales are recorded and the remaining balance is credited to the cash over and short account)

2. Cash A/c Dr $1,112

   Cash over and short A/c Dr $36

           To Sales A/c $1,148

(Being the cash sales are recorded and the remaining balance is debited to the cash over and short account)

4 0
3 years ago
The audit working papers often include a client-prepared, aged trial balance of accounts receivable as of the balance sheet date
Mars2501 [29]

Answer:

C. Estimate credit losses.

Explanation:

the client prepared aged triad balance of account receivable is generally included in audit documents so that the evaluation of estimated credit losses can be done.

Therefore, This aging is best used by the auditors to Estimate credit losses.

7 0
3 years ago
A friend asks to borrow $55 from you and in return will pay you $58 in one year. If your bank is offering a 6.0% interest rate o
Vlada [557]

Answer:

a.

Value of deposit = $58.3

b.

We can borrow approx $54.72 today if we are to pay bank $58 in one year from now.

c.

The return provided by bank for a deposit of $55 is an interest of $3.3 (58.3 - 55) while the return provided by lending to a friend is $3 (58 - 55). So, the money should be deposited in the bank.

Explanation:

a.

The interest offered by the bank is at 6% which we assume is the simple interest rate. To calculate the value one year from now of $55 deposited in the bank at 6%, we can use the following formula,

Value of deposit = Principal + Interest

Where,

Interest can be calculated as = Principal * interest rate

So,

Value of deposit = 55 + 55 * 0.06

Value of deposit = $58.3

We would have $58.3 one year from now if deposited in the bank.

b.

To calculate the money that can be borrowed today for a one year later payment of $58 can be calculated using the present value formula,

Present Value = Future Value / (1+i)^t

Present value = 58 / (1+0.06)^1

Present value = 54.71698113 rounded off to $54.72

So, we can borrow approx $54.72 today if we are to pay bank $58 in one year from now.

c.

The return provided by bank for a deposit of $55 is an interest of $3.3 (58.3 - 55) while the return provided by lending to a friend is $3 (58 - 55). So, the money should be deposited in the bank.

7 0
3 years ago
Other questions:
  • A customer makes a small order, you deliver the goods, and he pays by check. The check clears. He makes another small order, you
    9·1 answer
  • Team members can collaborate on ideas using telepresence. <br> a. True <br> b. False
    5·1 answer
  • Three sources of flexibility in completing primary and support activities are particularly useful for firms using the integrated
    8·1 answer
  • Which investment has the least liquidity? mutual fund house checking account corporation Mark this and return Save and Exit Next
    12·2 answers
  • Robin, who is a head of household and age 42, provides you with the following information from his financial records for 2019. R
    7·1 answer
  • Catherine is a U.S. citizen who is employed by DSC, Inc., a global company. Beginning on August 1, 2020, Catherine began working
    8·1 answer
  • Anita is employed as plant manager for Mojo Industries, Incorporated. Though she spends some time performing all management func
    5·1 answer
  • Callaway Golf Company conducted a one-time survey of golfers and asked them about their attitudes, preferences, and intentions r
    13·1 answer
  • When the mpc = 0.75, the desired tax cut for achieving a $300 billion fiscal stimulus is _____.
    13·1 answer
  • How did Alexander and successors spread Greek culture through the Hellenistic world? Give me a short answer
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!