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iren [92.7K]
3 years ago
12

What is the failure rate for a franchise?

Business
1 answer:
monitta3 years ago
6 0
Approximately 5% of franchises fail because survey's show about 95% success rate still in business.
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The answer is (C)

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Suppose that over the past year, the real interest rate was 6 percent and the inflation rate was -2 percent. It follows that a.
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Nominal interest rate = real interest rate + inflation rate

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if inflation declined by 2 percent, it means purchasing power increased by 2%.

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What are two benefits can the people get from the free-market system
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Having a job and a car are benefits of the free market system..
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Which of the following is NOT a common feature of a
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3 years ago
Laurel Company factors $300,000 of receivables to Hardy Factors. Hardy assesses a 3% fee on the amount of receivables sold. Laur
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Answer:

Cash                                        291000 Dr

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The factoring charge or fess is an expense for Laurel Company for the service provided by Hardy factors. So, whenever factoring is done, the ffactoring fees expense account will be debited as expense will increase. Th cash received is 300000 * 0.97 = 291000

The factoring fees is 300000*0.03 = 9000

As a result all of the accounts receivables will be credited from the books.

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