All categories

3 years ago

1. Which one of the following is a correct statement about franchisees?

Business

1 answer:

worty [1.4K]3 years ago

6 0

Answer:

A Franchisee sell the right to make a product to franchisors

You might be interested in

During the current year, Martinez Company disposed of two different assets. On January 1, prior to their disposal, the accounts

Greeley [361]

Solution:

S.NO. Accounts title and Explanations Debit Credit

1 Cash $25,000

Accumulated Depreciation- Machine A $63,960

Gain on Dispose: $10,400

Machine A $78,560

Accumulated Depreciation - Machine B $16,500

Loss on Disposal $10,700

Machine B $27,200

Note: -When the net value of the commodity disposed of is smaller than the amount paid, there is a benefit. If the worth of the book is MOT, there is a cost.

3 0

3 years ago

For the past five years, a person has had a $20,000 whole life insurance policy that has a cash value clause. The person decides

alexandr1967 [171]

The correct answer is B.

7 0

3 years ago

_____ is the method of determining what a business will get in exchange for its products.

Arada [10]

Answer:

pricing

Explanation:

pricing is the amount you pay a buissness for their product.

3 0

3 years ago

Read 2 more answers

A grocery store has three open checkout lanes. On average, 45 shoppers arrive at these lanes per hour. The coefficient of variat

nadya68 [22]

Answer:

0.833

Explanation:

m = 3

Arrival rate, ra = 45 per hour

Service rate, re = 18 per hour per lane

Utilization factor = ra/(m.re)

= 45/(3*18)

= 0.833

Therefore, The utilization factor of the system is 0.833

6 0

3 years ago

Classify the following item as belonging in the revenue, expenditure, human resources/payroll, production, or financing cycle:

Semmy [17]

Answer:

d. Establish a $10,000 credit limit for a new customer

s. Collect payments on customer accounts

r. Sell a DVD player

l. Sell concert tickets

a. Purchase raw materials

e. Pay for raw materials

o. Pay utility bills

Expenditure

c. Hire a new assistant controller

f. Disburse payroll checks to factory workers

k. Record factory employee timecards

n. Send new employees to a business ethics course

q. Pay federal payroll taxes

u. Pay sales commissions

Human Resources/Payroll

g. Record goods received from a vendor

j. Complete a picking ticket for a customer order

i. Decide how many units to make next month

v. Send an order to a vendor

w. Put purchased goods into the warehouse

Production

b. Pay off mortgage on a factory

h. Update the allowance for doubtful accounts

m. Draw on line of credit

p. Pay property taxes on an office building

t. Obtain a bank loan

Financial Cycle

Explanation:

6 0

4 years ago