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
Maru [420]
3 years ago
13

Ravi wants to be his own boss and run his own business. His friend, Josh, suggested that an inexpensive way to get started is to

buy a franchise. Therefore he can limit his risk and he will have the freedom to run it exactly as he wants. After reading this, what will you advice him?
Business
1 answer:
sladkih [1.3K]3 years ago
8 0

Answer:

This is false. buying a franchise is expensive, as it involves buying the rights of a business from the business owners, who are commonly referred to as ''franchisiors".

Explanation:

Ravi would not be able to run the franchise business the way he wants as the Franchisiors determines the business model and procedures. Hence, he would have a limited control on the business. Thus, I would advise Ravi to avoid going into a Franchise business, if his motive is to be his own boss and have control on his business.

You might be interested in
The price index was 150 in the first year, 142.5 in the second year, and 138.2 in the third year. The economy experienced:______
Maslowich

Answer:

The correct answer is:

5.0 percent deflation between the first and second years, and 3.0 percent deflation between the second and third years. (a)

Explanation:

to calculate the percentage deflation, we will simply calculate the percentage change in price between the years stated. This is calculated as follows:

% change = \%\ change = \frac{P_2 - P_1}{P_1} \times 100\\where:\\P_1 = initial\ price\ index\\P_2 = New\ price\ index\\for\ first\ and\ second\ years\\\therefore \%\ change = \frac{142.5 - 150}{150} = \frac{-7.5}{150}= -0.05  \times 100 = -5\%\\

Note that the negative sign shows a deflation.

if you use the same method for years two and three, you should get -3%, using P₁ as 142.5 and p₂ as 138.2. Hence option 'a' is correct.

7 0
3 years ago
An analyst seeks to determine the value of Bulldog Industries. After careful research, the analyst believes that free cash flows
Reil [10]

Answer:

$2,033

Explanation:

The computation of the terminal value at the end of the year 2 is shown below:

= {Free cash flow of the firm × (1 + growth rate) × (1 + growth rate) + (1+ growth rate)} ÷ (WACC - growth rate)

= {($80 million × (1 + 0.10) × (1 + 0.10) × (1 + 0.05)} ÷ (10% - 5)

= $101.64 ÷ 0.05

= $2,033

We simply applied the above formula so that the Terminal value could arrive

3 0
3 years ago
If a bank is offering a higher interest rate of return to investors, the MOST LIKELY impact on borrowers from the same bank is
never [62]
The answer is D. An increased interest rate. The bank will increase the interest rates on loans to get a return on their expences.
7 0
3 years ago
Read 2 more answers
Angela Moss and Autumn Barber organize a partnership on January 1. Moss's initial net investment is $92,000, consisting of cash
geniusboy [140]

Answer:

1. Dr Cash$30,000

Dr Equipment (Long-term asset) $77,000

Cr Share Capital (Owner’s Equity) $92,000

Cr Bank Loan (Liability) $15,000

2.Dr Cash $37,000

Cr Share Capital (Owner’s Equity) $37,000

Explanation:

1. Preparation for the journal entries to record Moss’s investment

Dr Cash$30,000

Dr Equipment (Long-term asset) $77,000

Cr Share Capital (Owner’s Equity) $92,000

Cr Bank Loan (Liability) $15,000

( Being to record initial capital investment of Moss’s )

2. Preparation for the journal entries to record Barber’s investment

Dr Cash $37,000

Cr Share Capital (Owner’s Equity) $37,000

( Being to record initial capital investment of Barber's )

3 0
3 years ago
What is financial accounting??<br><br>Any one help me ​
AfilCa [17]

Answer:

Financial accounting is a specific branch of accounting involving a process of recording, summarizing, and reporting the myriad of transactions resulting from business operations over a period of time. ... Work opportunities for a financial accountant can be found in both the public and private sectors.

5 0
3 years ago
Read 2 more answers
Other questions:
  • How has banking changed in the past 200 years of our nation's history?
    8·1 answer
  • Authentic Thai rattan chairs are delivered to Gary Schwartz's chain of retail stores, called The Kathmandu Shop, once a year. Th
    14·1 answer
  • Suppose all individuals are identical, and their monthly demand for Internet access from a certain leading provider can be repre
    10·1 answer
  • (Present value tables are needed.) Miami Marine Enterprises is evaluating the purchase of an elaborate hydraulic lift system for
    15·1 answer
  • When moving from Point C to Point D on Nation X's PPF, the cost of 1 more Computer is ____ Agricultural products not produced. E
    6·1 answer
  • Grace is a self-employed artist. She can make 20 pieces of pottery per week. She is considering hiring her sister Kate to work f
    10·1 answer
  • What is meant by conversational style and is a conversational style  as appropriate in cross-cultural communication as it is in
    7·1 answer
  • Beth and Bob Martin have total take-home pay of $5,000 a month. Their monthly expenses total $4,360. Calculate the minimum amoun
    9·1 answer
  • an in-house center and education facilitythat offers a wide range of learning opportunities for Disney employees. Disney Univers
    8·1 answer
  • Greg earned $25,500 in 2021 and had $1,500 of federal income taxes withheld from his salary. Assuming that Greg is single, 25 ye
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!