The following benefits a franchisee enjoys over <u>other small business owners</u> is:
- <u>A. Franchises benefit from the successful marketing provided by franchisors.</u>
- <u>D. Franchises have a lower 5-year failure rate than other small businesses</u>
A franchise is a business that operates by using the services of a franchisor who is in charge of <u>branding the company</u> and a franchisee who uses the name of the brand to do business and <u>pays a royalty fee</u>.
<em>Small business owners</em> are people who do the marketing, branding, packaging and sales by themselves <u>without necessarily involving the services of a marketer</u>.
Some of the benefits of a franchisee over <u>small business owners</u> are the facts that:
- They benefit from the successful marketing the franchisors provide
- They have a lower failure rate after 5 years.
- Therefore, the correct answers are options A and D
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A firm will work with a customer to design the product, and then make it from purchased materials, parts, and components. this firm is called <u>a make order firm.</u>
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A firm is a for-profit business, generally formed as a partnership that provides professional services, along with criminal or accounting offerings. The theory of the firm posits that firms exist to maximize profits. The term firm is synonymous with enterprise or organization. firms can operate beneath several distinct structures, including sole proprietorships and corporations.
In income, commerce, and economics, a customer is a recipient of a good, service, product, or idea - obtained from a seller, vendor, or supplier via a monetary transaction or change for money or some other valuable consideration.
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Answer:
The statement is True
If Brazilian oranges entered the United States, the number of oranges in the market would be higher, and if the quantity demanded remained more or less stable, the oranges prices would fall.
Changes in supply are those produced by anything other than price, thus, in this example we can see a change in supply, because the higher number of oranges has come from the market entry of new competitors : the brazilian orange providers.
Answer:
Option B. Treasury Stock for $1,200
Explanation:
The reason is that when 1,000 shares which has $2 par value and were issued at $10 per share, the journal entry was:
Dr Cash Account $10,000
Cr Common Stock $2,000
Cr Paid In Capital $8,000
But when 100 shares were repurchased at $12 per share, then the accounting treatment would be
Dr Treasury Stock $1,200
Cr Cash Account $1,200
So the correct option is option B.
Answer:
Cost of the equipment = $32350
Explanation:
given data
purchased equipment = $30,000
Sales tax = $1,500
freight charges = $400
repairs = $700
installation costs = $450
solution
we get here Cost of the equipment that is express as
Cost of the equipment = Purchase cost + Sales tax paid + Freight + Installation cost .........................1
put here value and we will get
Cost of the equipment = $30000 + $1500 + $400 + $450
Cost of the equipment = $32350