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3 years ago

2. The owner of a franchise benefits from brand name recognition, access to professional

Business

1 answer:

GREYUIT [131]3 years ago

7 0

Answer:

True

Explanation:

It is TRUE that the owner of a franchise benefits from brand name recognition, access to professional and nationwide advertising.

This is because the owner of a franchise has various advantages. The advantages include enhanced reputation which covers all the places there is a franchise.

Then there is an increase in management techniques and work practices, including access to national advertising to cover many places and continuous support.

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After a recent spike in violent crime, the local police department wants to spend $550,000 on a new crime fighting initiative. I

Verizon [17]

Answer:

6.1 percentage points.

Explanation:

Ratio shows proportion of a number to other number or sum of all the numbers. Percentage is a ratio which is expressed as fraction of 100.

Human Life Worth = $9 million = $9,000,000

Spending on Fighting initiative = $550,000

Take ratio of spending by the worth of human life

Ratio = Spending / Worth = $550,000 / $9,000,000 = 0.061 = 6.1%

It reduces the risk of someone dying from crime by at least 6.1%.

4 0

3 years ago

You plan to retire in 30 years and plan to contribute the same amount of money each year to your retirement fund. The fund earns

tatyana61 [14]

Answer:

$11,215.24

Explanation:

After retirement:

Annual Withdrawal = $100,000

Period = 20 years

Annual Interest Rate = 7%

Amount required at retirement = $100,000 * PVIFA(7%, 20)

Amount required at retirement = $100,000 * (1 - (1/1.07)^20) / 0.07

Amount required at retirement = $100,000 * 10.5940

Amount required at retirement = $1,059,400

Before retirement:

Period = 30 years

Annual Deposit * FVIFA(7%, 30) = $1,059,400

Annual Deposit * (1.07^30 - 1) / 0.07 = $1,059,400

Annual Deposit * 94.46079 = $1,059,400

Annual Deposit = $11,215.24

So, you should contribute $11,215.24 each year into your retirement fund.

3 0

3 years ago

Which of the following statement is not true about the Project stakeholders?

xxMikexx [17]

I think d is the answer

Explanation:

all stakeholders must not be independent all must work together

4 0

3 years ago

A beneficiary acquired stock from a decedent. The stock's fair market value at the date of the decedent's death was $500,000. Th

Ivanshal [37]

Answer:

Beneficiary recognized gain is $510000.

Explanation:

The amount paid by the decedent for the stock = $280000

The market value of the stock at the time of death = $500000

The selling price or the amount received by the beneficiary by the sell of stock = $510000

Since the recognized gain is calculated by subtracting the amount paid by the person to buy the stock from the amount that he receives from the sale of stock. But in this case, the beneficiary pays zero for the stock but gets all the money after selling.

Beneficiary recognized gain = amount received from the sell – the amount paid by the beneficiary.

= $510000 – 0

= $510000

7 0

3 years ago

The equivalent units in beginning work in process inventory plus the equivalent units in ending work in process inventory equals

vivado [14]

Answer:

False

Explanation:

The formula for equivalent units units as follows:

Opening Work in Process + Equivalent units on which the work is done - Closing Work in process = Units Transferred

Therefore, ideally,

Opening work in process - Closing work in process = Units transferred - Equivalent units on which work is done.

As adding all the cost incurred during the period to opening inventory of work in process, we get the total cost for the period, thereafter, deducting the cost allocated to closing work in process we get the value of goods produced and transferred.

<u>Therefore, above statement is false.</u>

8 0

3 years ago