A franchise agreement is a legally binding contract between the franchise partners.
A franchise is a method of distributing products or services that involves a franchisor, who establishes the brand's trademark or trade name as well as a business system, and a franchisee, which pays a royalty and, in many circumstances, an upfront fee for the right to use the franchisor's brand and system.
Most entrepreneurs choose franchising because it allows them to expand without the risk of debt or the expense of stock. For starters, because the franchisee supplies all of the cash necessary to create and manage a unit, it allows businesses to develop by leveraging the resources of others.
The blank will be filled by contractual.
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Answer:
Cost of equity = 14.43%
Explanation:
Weigheted Average cost of capital is computed using the formula below:
WACC = (Wd×Kd) + (We×Ke)
Kd= aftre tax cost of debt= 12%× (1-0.4)= 7.2%
Wd =Proportion of debt= 40%
We = proportion of equity = 60%
Ke= cost of equity.
let the cost of equity be "y"
WACC = 11.54
11.54 = (40%× 7.2%) + (60% × y)
0.1154 = 0.0288 + 0.6y
0.1154 - 0.0288 = 0.6y
y =(0.1154 - 0.0288)/0.6
y = 0.1443 × 100
y =14.43%
Cost of equity = 14.43%
The agreements that set terms for various aspects of commercial relations with other countries such as the right to conduct business in the treaty partner's domestic market are called <span>friendship, commerce, and navigation (FCN) treaties. Correct answer: C
</span><span>This document includes several aspects: human rights, trade and investment protection in international diplomacy.</span>
