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
Akimi4 [234]
3 years ago
5

Unit 2 project 1

Business
1 answer:
maria [59]3 years ago
4 0
Unit 2 project 1

Finding a Franchise
There are a variety of ways to find out what franchises are available. Newspapers and periodicals, like trade magazines, are good places to look for franchise information. The Internet can also be a good source with websites like www.franchisedirect.com that list franchise opportunities. A simple Internet search will also tell you what is available in your area. You can also go to the web page of your favorite business and look for franchise information there. Once you have found the basic franchise information, imagine that your budget for a franchise is $100,000. Choose three franchises to compare and contrast using the chart below. When you have completed the chart, write a paragraph explaining which franchise you would choose to buy and why. Be sure to include specific examples in your paragraph to explain the reasoning behind your choice. Turn in both your chart and the paragraph explaining why you chose the franchise that you did.

TABLE 1 Franchise opportunity chart
Franchise 1 Franchise 2 Franchise 3
Name
Type of Business
Franchise Fee
Royalties
A Similar Business in Your Area
What Appeals to You about This Franchise
One Potential Challenge with This Type of Franchise
The Franchise I Would Choose and the Business Reasons Why
You might be interested in
_____ refers to selling to two or more different buyers, within a reasonably short time, commodities (not services) of like grad
Marianna [84]

Answer:

Robinson-Patman Act of 1936

Explanation:

4 0
3 years ago
Equipment costing $40,000 with a salvage value of $8,000 and an estimated life of 8 years has been depreciated using the straigh
kaheart [24]

Answer:

The equipment originally cost 40,000 and has a salvage value of 8,000, which means that the amount that can be depreciated is 32,000. It has a life of 8 years and follows a straight line method so the yearly depreciation would be 32,000/8= 4,000.

The depreciation for the first 2 years is 4000*2= 8,000

So the book value of the asset is 40,000-8000= 32,000

Since according to the new estimate the total life is 5 years, and 2 years have already passed the remaining life of the asset is 3 years. Also since there is no change in salvage value the amount that can be depreciated is 32,000-8,000= 24,000

To find out the deprecation in year 3 we will divide 24,000 by the reaming life which is 3.

24,000/3= 8,000

The depreciation expense in year 3 would have been $8,000  

Explanation:

6 0
3 years ago
Ma Barker Company has a job-order costing system and uses a predetermined overhead rate based on direct labor-hours to apply man
Sophie [7]

Answer:

Job 334 total cost:    $  8,400

Unit cost: 8,400 / 200 = $  42

Explanation:

Total cost: Material + Labor + Overhead

Material: 5,000

Labor:     2,400

<u></u>

<u>Overhead:</u>

\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate

We distribute the expected cost over the expected base:

expected cost: 100,000

cost driver: 40,000 labor hours

cost per hour: 100,000 / 40,000 = <u>2.5 predetermined overhead</u>

Now we multiply this rate by the hours of the job to know Applied Overhead:

job labor hours x overhead rate:

Job #334 had 2,400 labor cost / $6 rate per hour = 400 hours

400 x 2.5 = 1,000

Total cost: 5,000 + 2,400 + 1,000 = 8,400

7 0
3 years ago
A first step toward understanding organizational markets is recognizing the differences between industrial, reseller, and govern
zaharov [31]

Answer: True

Explanation:

To understand organizational markets, one must first realize that there are three main types of them: Industrial, reseller and government.

Industrial markets enable businesses to transact with each other. They trade raw materials and other goods to each other and process them to finished goods.

The reseller market does not involve any processing but rather firms buying from one and selling to another as middlemen.

The last market is the Government market. Any arm of government that purchases goods and services fall here including at local, state or federal level.

7 0
3 years ago
During December, Far West Services makes a $2,200 credit sale. The state sales tax rate is 6% and the local sales tax rate is 2.
klasskru [66]

Answer:

This long of a question for onmly 10 points? But ill answe rit anyway. 48000299 the 200

Explanation:

3 0
3 years ago
Other questions:
  • Stan is preparing a message by using the interest and desire sections of the aida model to demonstrate that he has good reason f
    15·1 answer
  • How is it possible that Switzerland, a landlocked country with almost no natural resources, is one of the richest countries in t
    12·1 answer
  • Mike and Jane Lewis, a married couple filing a joint return, paid funeral expenses of $10,000 for their dependent child in the c
    15·1 answer
  • Help me with this please the answer I choose is incorrect !!
    8·2 answers
  • Alfred Zeien, former chairman of Gillette, once noted that his company's Parker Pen unit does not have to develop a special mode
    11·1 answer
  • QUESTION 1
    13·1 answer
  • Compute, Disaggregate, and Interpret RNOA of CompetitorsHalliburton and Schlumberger compete in the oil field services sector. R
    15·1 answer
  • Nolan is applying for a promotion within his company. The formal statement about the job says that he must have a four-year coll
    10·1 answer
  • What is the importance of physical distribution?
    10·1 answer
  • Short term creditors are usually interested in evaluating
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!