All categories

3 years ago

One of the limitations for an entrepreneur of setting up a new business as a franchise is:

Business

1 answer:

11111nata11111 [884]3 years ago

6 0

Answer:

The first and most significant disadvantage of a franchise is the fact that the franchisee has no control of the business or how it is run (or very limited control). The rules of the business are already established and part of the franchise agreement.

You might be interested in

True or false: in situations where an annual budget deficit exists, cutting expenses from the budget is optimal.

My name is Ann [436]

The statement in situations where an annual budget deficit exists, cutting expenses from the budget is optimal is True.

<h3>What is budget deficit?</h3>

Budget deficit tend to occur when the expenses or expenditure is higher then the revenue.

Cutting down expenses from the budget is most desirable if we want to have budget surplus. Budget surplus is when revenue is higher than expenditure.

Therefore the statement in situations where an annual budget deficit exists, cutting expenses from the budget is optimal is True.

Learn more about budget deficit here:brainly.com/question/26010226

#SPJ1

5 0

2 years ago

What does the new york stock exchange (nyse) do?

Sauron [17]

Hey there,
It is located on Wall street new lower Manhattan and it is the world's largest stock exchange by market capitalization of listed companies.

Hope this helps :))

~Top

8 0

3 years ago

Read 2 more answers

When Maria temporarily left the company to obtain her master's degree with the intention of returning as a lead trainer, she was

inna [77]

Answer:

B) Sabbatical,it is a period of leave granted for higher education or travel

Explanation:

Give thanks and rate

7 0

2 years ago

Blue Corporation has a deficit in accumulated E & P of $300,000 and has current E & P of $225,000. On July 1, Blue distr

Rufina [12.5K]

Answer:

Sam's dividend income is $225,000 and has a reduction of stock basis of $27,500

Explanation:

From the example ,

Given that,

Sam stock is =$52.500

Blue corporation has deficit in accumulated E and P which is =$300,000

Blue corporation has current E and P of = $225,000

Blue distributes $250,000 to its shareholder on July 1st

Therefore,

Blue corporation has a current E & P of $225,000, to an extent, Sam has a taxable dividend. The remaining $25,000 reduces his basis stock.

Sam has an income dividend of $225,000 and reduces his stock basis to $27,500.

6 0

3 years ago

Read 2 more answers

Hibiscus Corporation began operations on January 1, Year 1. On December 15, Year 1, the company received a payment in the amount

mars1129 [50]

Answer:

$12,000

Explanation:

The main difference between cash basis accounting and accrual accounting is that accrual accounting recognizes revenue only after the earning process is completed. On the other hand, cash basis accounting recognizes revenue and expenses when the money is received or paid, regardless of when the service is provided. This is why the US GAAP doesn't allow cash basis accounting.

The IRS allows cash basis accounting for individuals and small businesses that only deal with cash payments, but they must meet certain criteria:

partnerships or C corporations with less than $5 million in yearly revenue
sole proprietorships and S corporations with less than $1 million in yearly revenues
family owned farms
you provide personal services and 95% of your revenue comes from it
no publicly traded corporation is allowed

4 0

3 years ago