On January 2, 2013, Gant Co. purchased a franchise with a useful life of five years for $60,000 and an annual fee of 1% of franchise revenues. Franchise revenues were $20,000 during 2013. Gant projects future revenues of $40,000 in 2014 and $60,000 per year for the following three years. Gant uses the straight-line method of amortization. What amount should Gant report as intangible asset-franchise, net of related amortization in its December 31, 2013, balance sheet

Answers

Answer 1

Answer:

$48,000

Explanation:

The computation of the amount that should be reported as the intangible asset franchise is shown below

= Purchase value of franchise - amortization per year

= $60,000 - ($60,000 ÷ 5 years)

= $60,000 - $12,000

= $48,000

hence, the  amount that should be reported as the intangible asset franchise is $48,000


Related Questions

Joe has an idea for a new mobile restaurant business. He wants to convert an antique bus into a sit-down restaurant with a service window allowing him to serve people within the bus and walk-ups who want to get their food and take it home. Joe takes his idea and looks at the people, the offerings, the customers, the value proposition, and his distinctive competencies. Joe is performing a(n) ______
A. business model canvas
B. RBI screen
C. classic feasibility study
D. pilot test

Answers

Answer:

C. classic feasibility study

Explanation:

A feasibility study is the study that shows the analysis made for considered the relevant factors for a project. It included the economic, technological, legal in order to ascertain the completion of the project in a successful manner

So as per the given situation, the option c is correct

And, the same is to be considered

Andrea, a sales associate in the fine china department of the David's Department Store, reports to Chris, the home furnishings department manager. This morning, Chris asked Andrea to change the price tags on the crystal wine glasses. While working on this task, Pietro, the bedding department manager, told Andrea that he wanted her to unload some comforters. To solve this conflict, Andrea turns to the principle of unity of command under which Group of answer choices Andrea needs to decide which manager has more power. Andrea can refuse to do both tasks. employees should report to no more than one manager. employees can report to two managers, so Andrea needs to decide whose directions to follow. Andrea will need to determine how she can multitask.

Answers

Answer: employee should report to no more than one manager.

Explanation:

Under the principles of war, it should be noted that the unity of command simply means that all the responsibility of all the forces are under one commander. The commanders possesses the authority to direct and control all the forces in order to achieve q common goal.

Therefore, in this scenario, Andrea should report to Chris who is the home furnishings department manager since Chris is his immediate manager as he can only follow the order of one boss.

what is the final step in marketing a product?

Answers

Answer:

Positioning: The final step is to position your product in a way that will appeal to the needs of your target audience and encourage them to buy your product.

The formula for the production budget is budgeted sales in units plus desired ending merchandise inventory less beginning merchandise inventory. beginning finished goods units less desired ending finished goods units. desired ending direct materials units less beginning direct materials units. desired ending finished goods units less beginning finished goods units.

Answers

Answer:

desired ending finished goods units less beginning finished goods units.

Explanation:

production budget can be regarded as budget that gives the calculation of the number of units of particular products which is needed to be manufactured, this is comprises the sales forecast as well as amount of finished goods inventory that is planned to have on hand.

It should be noted that the formula for the production budget is desired ending finished goods units less beginning finished goods units..

please help me with this account question I'm tryna make entries ​

Answers

Answer:

451

Explanation:

430+21

1234567890101112131415

If a nation has a comparative disadvantage in the production of some commodity: Group of answer choices it cannot gain from international trade unless it has an absolute advantage in every other commodity. it can gain from international trade in that commodity only if it has an absolute advantage in that commodity. it cannot gain from international trade in the commodity. it can still gain from international trade in that commodity, by getting it at a lower opportunity cost than if it produced it domestically.

Answers

Answer:

it can still gain from international trade in that commodity, by getting it at a lower opportunity cost than if it produced it domestically.

Explanation:

A country has comparative disadvantage in production if it produces at a higher opportunity cost when compared to other countries.

The country with a  comparative disadvantage can gain from trade by trading the good with a country that has  comparative advantage in the production of that good. i.e. the country produces at a lower opportunity cost

For example, country A produces 10kg of beans and 5kg of rice. Country B produces 5kg of beans and 10kg of rice.  

for country A,  

opportunity cost of producing beans = 5/10 = 0.5

opportunity cost of producing rice = 10/5 = 2

for country B,  

opportunity cost of producing rice = 5/10 = 0.5

opportunity cost of producing beans = 10/5 = 2

Country B has a comparative disadvantage in the production of beans and country A has a comparative disadvantage in the production of rice

Country B should buy beans from A and A should buy rice from B

In strategic management, both the short-term and long-term perspectives need to be considered because a. the creative tension between the two forces managers to develop more successful strategy. b. shareholders only care about long-term returns c. shareholder value is only measured by short-term returns. d. long-term vision precludes the analysis of present operating needs.

Answers

Answer:

a. the creative tension between the two forces managers to develop more successful strategy.

Explanation:

It is correct to say that short-term and long-term strategies must be designed individually as the creative tension between the two forces managers to develop more successful strategies.

It is essential that in strategic planning the short-term and long-term action plans are well specified, so that the strategic development understands the organizational whole and the strategies are aligned, since the short-term actions will consequently impact those of long term.

Which of the following is an example of synthesizing?

Answers

Answer:

It's B.

Explanation:

I believe it's B, Putting ideas and concepts together to form a conclusion.

That's almost exactly the definition of synthesizing anyway. ♥

Putting ideas and concepts together to form a conclusion is an example of synthesizing. Thus, option 'B' is the correct option.

What does synthesizing mean in writing?

Synthesis is the process of combining different parts to create a whole. Writing instructors frequently use this word when instructing students to produce a literature review or any work that calls for the utilization of several sources. When writing instructors use this word, they frequently want students to produce papers that draw connections from a number of sources so that their papers are not structured source by source but rather subject by topic to produce a whole work.

This handout offers ideas in the areas to assist students in using synthesis in their writing more effectively. We instinctively combine information to assist others in making connections between various concepts. Synthesis occurs, for instance, when you tell a friend what a number of other friends have remarked about a piece of music or movie.

Learn more about synthesizing here:

https://brainly.com/question/28298515

#SPJ2

During the Great Depression, a. the pineapple industry finally became highly profitable as world demand for fruits rose. b. Latin America developed a mature regional economy, which exported large quantities of manufactured goods and imported most of its foodstuffs and raw materials. c. revolutions occurred all over Latin America. d. Latin American economies boomed, in contrast to those of the United States and Europe. e. domestic instability led to the creation of dictatorships.

Answers

Answer:

e. domestic instability led to the creation of dictatorships.

Explanation:

The Great Depression was a period of severe economic meltdown or downturn (crisis) of the industrialized world and it started from the United States of America, typically lasting for about ten years (1929-139).

Basically, the Great Depression started in America on the 4th of September, 1929 as a result of a major fall in the prices of stocks and consequently, leading to a stock market crash on the 29th of October, 1929.

Hence, the negative effects of the Great Depression includes a decline in investments, tax revenues, market price, personal income level, consumer spending, profits and a general rise in unemployment rate.

During the Great Depression, domestic instability led to the creation of dictatorships and autocratic leaderships (government) across many countries.

Generally, dictatorship is characterized by a single leader (dictator) having absolute power and as such he or she makes all the rules, policies and decisions without consulting or taking suggestions from anyone else.

In considering the issue of distribution intensity (i.e., how many intermediaries a manufacturer will go through to distribute its goods to end-user consumers), Taza Chocolate __________. a.Uses intensive distribution exclusively. b.Uses selective distribution exclusively. c.Balances intensive distribution with selective distribution. d.Uses neither intensive distribution nor selective distribution.

Answers

Answer:

c.Balances intensive distribution with selective distribution.

Explanation:

In the case when there is an issue of a distribution intensity means no of intermediaries at which the manufactured would go through the distribution of goods for the end consumers so here the company used the intensive distribution that should be balance with the selective distribution

So as per the given situation, the option c is correct

One advantage of ______ is the direct crossing of trades without using a broker-dealer system eliminates the bid-ask spread that otherwise would be incurred. Multiple choice question. ECNs Direct Search Markets Broker Markets Dealer Markets

Answers

Answer:

ECNs (electronic communication network)

Explanation:

An electronic communication network can be regarded as computerized system which is designed to matches buyers as well as sellers orders automatically for securities so trading can take place in the market. ECN trading is designed to favor investor that are in different geographic areas , but want to have a complete aand secure transaction with absence of any

third party. It should be noted that One advantage of ECNs is the direct crossing of trades without using a broker-dealer system eliminates the bid-ask spread that otherwise would be incurred

Concern for the environment among consumers causes consumers to substitute away from traditional autos to electric-powered autos.

Equilibrium quantity: Increases / Decreases
Equilibrium price: Increases / Decreases

Answers

Answer:

the equilibrium price and quantity of  traditional autos decreases

the equilibrium price and quantity of electric cars increases

Explanation:

Due to the decrease in demand for traditional autos, there would be a leftward shift of the demand curve for traditional autos. As a result, equilibrium price and quantity would fall.

Due to the increase in demand for electric-powered autos, there would be a rightward shift of the demand curve for traditional autos. As a result, equilibrium price and quantity would increase.

Please check the attached images for graphical illustrations

You pull credit on a husband and wife. It turns out their debt-to-income ratio is too high. You notice the majority of the debts belong to the husband. You also note that the wife has enough income to qualify on her own. You remove the husband from the loan, with permission from the borrower, submit the file, and receive approval. This action is:

Answers

Answer:

This action is legal and ethical (except for communal property sales)

Explanation:

Scenarios do occur where one borrower brings down the entire loan filed. if the other borrower can take on the loan burden, then there is a way.

Absolutely nothing wrong with finding a way to qualify your borrowers request for a loan as long as they are ok with it. Most of the money in the joint assets account belongs to the non-borrower. The lender requires two months of bank statements as therefore, documentation is needed by the lender that requires you to disclose and document deposits for the borrower and non-borrower.

This method cannot work in a communal property state

4. You need to be _________ about your income and expenses to create an accurate budget for yourself.
A. Fixed
B. Variable
C. Wishful
D. Realistic

Answers

your answer is no D which is Realistic.

D because you have this dream that I have a lot of money and so when reality hits you it’s a problem

"I don't know, but I'll find out" is a customer service example of…
B a dangerous admission.
C losing a sale.
D magic words.

A(Not the answer) an uninformed sales rep.

Answers

Answer:

C. losing a sale.

Explanation:

CRM is an acronym for customer relationship management and it typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction.

Simply stated, it's a strategic process which typically involves collecting customer information for the purpose of improving a customer's future experience.

Therefore, this set of employees are saddled with the responsibility of ensuring the customer are satisfied and happy with their service at all times.

A salesperson can be defined as an individual or employee who is saddled with the responsibility of taking orders from customers, as well as sales of finished goods and services to consumers or end users.

A lost sale can be defined as a situation in which a salesperson or business firm looses a selling opportunity for a variety of reasons such as going out of stock, unavailability of a brand (product line), lack of product knowledge, etc.

This ultimately implies that, a process in which a salesperson looses a sales opportunity due to one reason or the other is referred to as losing a sale.

Hence, "I don't know, but I'll find out" is a customer service example of losing a sales because the customer (buyer) may not be patient enough to get the feedback while others might walk away immediately in search of the product or service elsewhere.

Answer:

It is magic words

Explanation:

I took the test got it right

Azure, a C corporation, reports the following: Pretax book income is $543,000. Depreciation on the tax return is $20,000 greater than depreciation on the financial statements. Rent income reportable on the tax return is $36,000 greater than rent income per the financial statements. Fines for pollution appear as a $10,000 expense in the financial statements. Interest earned on municipal bonds is $25,000. What is Azure's taxable income

Answers

Answer:

Azure's taxable income is $544,000.

Explanation:

This can be calculated as follows:

Taxable income = Pretax book income - Excess depreciation + Prepaid rental income + Fines for pollution - Municipal interest income ………………… (1)

Substituting all the relevant values into equation (1), we have:

Taxable income = $543,000 - $20,000 + $36,000 + $10,000 - $25,000 = $544,000

Therefore, Azure's taxable income is $544,000.

Identify the correct statement. Group of answer choices An increase in the price level in an economy will decrease the real GDP demanded along the aggregate demand curve. An increase in the price level in an economy will increase the real value of dollar-denominated assets. An increase in the price level in an economy will shift the aggregate demand curve rightward. An increase in the price level in an economy will shift the aggregate expenditure line upward. An increase in the price level in an economy will decrease the equilibrium level of output demanded.

Answers

Answer:

An increase in the price level in an economy will decrease the real GDP demanded along the aggregate demand curve.

Explanation:

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

In order to understand both short-run economic fluctuations and how the economy move from short to long run, we need the aggregate supply and aggregate demand model.

Aggregate demand (AD) can be defined as the total quantity of output (final goods and services) that is demanded by consumers at all possible price levels in an economy at a particular time.

Generally, an increase in the price level in an economy will decrease the real GDP demanded along the aggregate demand curve.

Additionally, an economy's aggregate demand curve shifts rightward or leftward by more than changes in initial spending because of the multiplier effect. Also, an increase in stock prices that increases consumer wealth will most likely shift the aggregate demand curve to the right.

Lastly, a change in price level would not shift the aggregate demand curve (AD curve).

G free ltd intends reducing the number of suppliers they use by 50% analyse how reducing the number of suppliers could imporve g-free lts future operational performance

Answers

Answer:

It has to buy gluten free raw material to retains its customers because customers are willing to pay premium price for this feature. If there will be few supplier at G-Free Ltd will be able to focus on maintaining better and long term relationship with them.  

Explanation:

G-Free Ltd has intended to reduce number of suppliers to improve its operational performance. It can grow its business and save cost from buying in bulk from a few suppliers. There will be less risk for procurement of raw material with gluten because there only few suppliers who will be providing raw material.

Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $212,400 of raw materials on credit; issued materials to production of $207,000 of which $33,600 were indirect. Minstrel incurred a factory payroll of $157,200, of which $43,600 was indirect labor. Minstrel uses a predetermined overhead application rate of 150% of direct labor cost. Minstrel's beginning and ending Work in Process Inventory are $16,700 and $29,400 respectively. Compute the cost of jobs transferred to Finished Goods Inventory.

Answers

Answer:

$444,700

Explanation:

Use the following formula to calculate the cost of products transferred to finished goods

Cost of products transferred to finished goods = Beginning inventory + direct materials + Direct labor + Applied OH 150% - Ending Inventory

Placing values in the formula

Cost of products transferred to finished goods = 16,700 + ( $207,000 - $33,600 ) + ( $157,200 - $43,600 ) + ( ( $157,200 - $43,600 ) x 150% ) - $29,400

Cost of products transferred to finished goods = 16,700 + 173,400 + 113,600 + 170,400 - $29,400

Cost of products transferred to finished goods = $444,700

A company purchased two identical items. Item 101 purchased in October cost $100. Item 102 purchased in November cost $110. The business uses the Last-in, first-out (LIFO) cost flow method. If item 101 is sold to a customer, the amount assigned to cost of goods sold is ______.

Answers

Answer:

$110

Explanation:

LIFO means last in first out. It means that its the last purchased inventory that is the first to be sold.

If the LIFO method is used, the cost of goods sold would be the cost of purchasing inventory 102 which was the inventory that was purchased last.

The cost of inventory 102 is 110

The ______ inventory system records all inventory-related transactions in the inventory account (e.g. transportation, purchase returns and allowances, purchase returns and allowances, purchase discounts) and reduces inventory at the time of sale. The ______ inventory system uses separate accounts for these items and records cost of goods sold at the end of the accounting period.

Answers

bonjour,

perpetual & periodic

Gary has to stay late at the office to complete a project with an upcoming deadline. Furthermore, while he's working late, his boss emails him to inform him that the upcoming meeting for the project has been moved to the same time as his daughter's soccer game. Now Gary cannot attend his daughter's soccer game because of the work meeting. What kind of work-family conflict (WFC) is Gary experiencing

Answers

Answer:

time-based

Explanation:

From the question we are informed about Gary who has to stay late at the office to complete a project with an upcoming deadline. Furthermore, while he's working late, his boss emails him to inform him that the upcoming meeting for the project has been moved to the same time as his daughter's soccer game. Now Gary cannot attend his daughter's soccer game because of the work meeting. In this case, kind of work-family conflict (WFC) Gary is experiencing is Time-based.

Time-based conflict can be regarded as the conflict that comes up as a result of devoting a time for a role which makes it to be difficult to be able for someone to participate in role different from first role.

Charley spends all of his income on soft drinks and pizza. Suppose he is currently buying these products in amounts such that his marginal benefit from an additional soft drink is and his marginal benefit from an additional slice of pizza is . If the price of a soft drink is and the price of a slice of pizza is ​, is Charley maximizing his total​ benefits? A. ​No, he should increase his consumption of both goods. B. ​No, he should shift consumption toward and away from to maximize total benefits. C. ​Yes, there is no other consumption choice that will make his total benefits greater. D. ​No, he should shift consumption toward and away from to maximize total benefits.'

Answers

Answer:

The correct option is B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.

Explanation:

Note: This question is not complete because some important figures and points are missing in it. These figures and points are therefore provided to complete the question before answering it as follows:

Charley spends all of his income on soft drinks and pizza. Suppose he is currently buying these products in amounts such that his marginal benefit from an additional soft drink is $100 and his marginal benefit from an additional slice of pizza is $110. If the price of a soft drink is $2 and the price of a slice of pizza is $3, is Charley maximizing his total benefits?

A. No, he should increase his consumption of both goods.

B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.

C. Yes, there is no other consumption choice that will make his total benefits greater.

D. No, he should shift consumption toward pizza and away from soft drinks to maximize total benefits.'

The explanation of the answer is now provided as follows:

Under utility maximization theory, the condition for the utility or benefit maximization for two goods is as follows:

MBs / Ps = MBp / Pp ……………………………. (1)

Where:

MBs = Marginal benefit from an additional soft drink = $100

MBp = Marginal benefit from an additional slice of pizza =$110

Ps = Price of a soft drink = $2

Pp = Price of a slice of pizza = $3

Subtitling the relevant values, we have:

MBs / Ps = Marginal utility per dollar spent on soft drinks = $100 / $2 = 50

MBp / Pp = Marginal utility per dollar spent on soft pizza = $110 / $3 = 36.67

This implies that 50 = MBs / Ps > MBp / Pp = 36.67

The decision rule is that the limited money income should be spent by a consumer on the good which gives the higher marginal utility per dollar in order to maximize marginal benefit.

Since 50 = MBs / Ps > MBp / Pp = 36.67 above, this implies that Charley is NOT maximizing his total benefits. To maximize his total benefits, Charley should consume more of soft drinks and less of pizza until the condition is consistent with equation (1).

Therefore, the correct option is B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.

Zoe's Dog Biscuits, inc, has net cash flows from operating activities for the last year of $226 million. The income statement shows that net income in $150 million and depreciation expense is $85 million. During the year, the change in inventory on the balance sheet was an increase of $14 million, change in accrued wages and taxes was an increase of $15 million and change in accounts payable was an increase of $10 million. At the beginning of the year the balance of accounts receivable was $45 million. What was the end of year balance for accounts receivable?
A. $20 million
B. $25 million
C. $45 million
D. $65 million

Answers

Answer:

D. $65 million

Explanation:

The computation of the  end of year balance for accounts receivable is shown below:

Cash flows from operating activities $226

net income $150

Add: depreciation $85

Less: increase in inventory -$14

Add: increase in wages and taxes $15

Add: increase in account payable $10

Total $246

Change in account receivable -$20

Opening account receivable $45

Ending account receivable $65

5
Select the correct text in the passage.
What is the opportunity cost in this scenario?
Mikael has saved $4,000 for his trip to Brazil. He has calculated that his total transportation expenses will be $1,000. The hotel will cost him
another $1,500. He will spend about $500 on food. He plans on spending the remaining $1,000 for sightseeing and buying souvenirs.
While booking his plane ticket, he realizes that the price has gone up. His total transportation expenses will go up by $200. He realizes that he
cannot cancel his hotel reservation. He also doesn't want to go cheap on food. Finally, he decides to give up visiting the popular Ouro Preto
during his stay in Brazil.
Reset
Next

Answers

Answer: sightseeing

Explanation:

Opportunity costs represent to the potential benefits that an economic entity misses out on when another alternative is chosen over another.

In this case, due to the increase in the price of the plane ticket, Mikael decides to give up visiting the popular Ouro Preto during his stay in Brazil even though it was earlier planned. Therefore, it can be infered that sightseeing is the opportunity cost as that is what he forgoes in order to choose a different alternative.

Roger Company sold machinery for a total price of $20,000 to be paid in four equal installments, plus interest. The first payment was made in the current year. The original cost of the machinery was $12,000 and $8,000 of depreciation had been taken on it. Ignoring interest income, what amount of income must Roger Company recognize in the current year under the installment method for this sale

Answers

Answer:

$8,000 ordinary income and $2,000 capital gain.

Explanation:

Calculation to determine what amount must Roger recognize in the current year

Since total gain is $16,000 calculated using this formula

Total gain=Selling price-Basis

Total gain=$20,000-$4,000

Total gain=16,000

Which means that he must recognize the complete $8,000 . Hence, the revised gain of $8,000 will be the ORDINARY INCOME in the current year which is calculated as:

Ordinary Income=Selling price-Adjusted basis

Ordinary Income=$20,000-$12,000

Ordinary Income=$8,000

Lastly is to determine The gross profit percentage of which will be applied to each using this formula

Gross profit percentage=Gross profit ÷Contract price

Gross profit percentage=$8,000 ÷ $20,000

Gross profit percentage=40%

Hence, the CAPITAL GAIN for the current year will be:

Capital gain = [($20,000 ÷ 4) × 40%]

Capital gain=$2,000

Therefore the amount that Roger must recognize in the current year is $8,000 ordinary income and $2,000 capital gain.

The government has adopted an emissions tax if it: Group of answer choices specifies the type of catalytic converter that must be used to reduce automobile emissions. pays automobile drivers 10 cents for each 10% reduction in automobile emissions. charges automobile drivers 10 cents for each unit of automobile emissions. transfers the ownership of city air to a private firm that charges automobile drivers a profit-maximizing price, based in part on the pollution capacity of the atmosphere.

Answers

Answer:

charges automobile drivers 10 cents for each unit of automobile emissions.

Explanation:

Pollution can be defined as the physical degradation or contamination of the environment through an emission of harmful, poisonous and toxic chemical substances.

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

An emission tax can be defined as tax levied on manufacturers or road users such as drivers for the amount of pollution dispersed into the environment.

Hence, the government has adopted an emissions tax if it charges automobile drivers 10 cents for each unit of automobile emissions.

Solaris Autos Inc., a large automobile company, made an initial small investment in a start-up company that was developing a solar-powered car. This gave Solaris Autos controlling interests in the start-up company. However, Solaris Autos had no obligations to make continued investments in the experiments of the start-up company. It could invest small amounts depending on the new product's success at each stage of its development. If the product proved to be successful, Solaris Autos would have the right to buy out the start-up company. This approach to strategic alliance is referred to as

Answers

Answer:

real-options perspective

Explanation:

From the question we are informed about Solaris Autos Inc., which is a large automobile company, made an initial small investment in a start-up company that was developing a solar-powered car. This gave Solaris Autos controlling interests in the start-up company. However, Solaris Autos had no obligations to make continued investments in the experiments of the start-up company. It could invest small amounts depending on the new product's success at each stage of its development. If the product proved to be successful, Solaris Autos would have the right to buy out the start-up company. This approach to strategic alliance is referred to as real-options perspective. A real option can be regarded as an approach that bestow management of a firm the right, so that they can undertake certain business opportunities as well as an investments. Real option can be regarded as projects that contains tangible assets versus financial instruments. Real options could involves decision to expand as well as decision to defer project entirely.

Niat ny mau bikin dua akun tapi malah kesasar :(​

Answers

Answer:

I'm lost and I don't understand your language

Franchising involves ______. Multiple choice question. professionally managed and centrally coordinated channels designed to achieve economies and maximize impact one firm's marketing channel being used to sell another firm's products a contractual arrangement between a parent company and another entity that is allowed to operate a business under an established name a channel member bypassing another member to sell or buy product directly

Answers

Answer:

a contractual arrangement between a parent company and another entity that is allowed to operate a business under an established name.

Explanation:

Franchise is a license consisting of a contractual arrangement between a parent company and another, that allows individuals or an organization access to its knowledge, processes, trademarks in order to provide a service.

One of the main advantages of a franchise is that, franchisers such as McDonald do not require additional capital and development expenses to have their businesses being situated in a foreign market or country, as they only required to issue licenses to franchisors who are interested in being part of their business by paying a fee.

Hence, franchise is a license that allows individuals or group of people knowledge, processes, trademarks to provide a service.

In conclusion, franchising involves a contractual arrangement between a parent company and another entity that is allowed to operate a business under an established name

Other Questions
PLEASE HELP!!!Read the following poem and then respond to the question below:"I'm Nobody! Who are you?" By Emily DickinsonI'm Nobody! Who are you?Are you Nobody too?Then there's a pair of us!Don't tell! they'd advertise you know!How dreary to be Somebody!How public like a Frog To tell one's name the livelong June To an admiring Bog!In this poem, Emily Dickinson describes what it is like to be "Somebody." In a paragraph of four to six sentences, explain how the poet feels about being "Somebody" and use specific examples from the poem to support your interpretation. What word is used to refer to a group of organ systems working together?1. organism2. cell3.tissue4.organ write your answer in simplest radical form PLZZ HELPPhosphorus is mainly found in the environment stored inA. the atmosphereOB. legumesC. mineral depositsD. denitrifying bacteria ____ are white blood cells that group together to destroy foreign organisms.A. ErythrocytesB. PhagocytesC. LeukocytesD. Platelets In an indirect message, valid reasons for the refusal are presented before the bad news. Which option is most effective What does Clifford say was the main reason for NATO and the Truman Doctrine? Elaborate on the central idea about social classes that Countee Cullen depicts in his poem "For a Lady I Know." Provide textual evidence for your answer. un animal vertebrado es aquel que tiene un I only need the answer The line parallel to y = -3x + 4 that passes through (9,-6) (HEALP ME PLESE) what is the differences between Segregation, Assimilation, and Pluralism in our society today. A particular fruit's weights are normally distributed, with a mean of 344 grams and a standard deviation of 10 grams. If you pick 10 fruit at random, what is the probability that their mean weight will be between 334 grams and 354 grams Scarlett made a profit of $250.00 with her mobile car wash company Which system of linear inequalities is graphed? it takes engineer 3 hrs to drive to his brother's house at an average of 50 miles per hour. if he takes same route home, but his average speed of 60 miles per hour, what is the time, in hours, that it takes him to drive home? For the following list of acids, rank the acids in strength from weakest acid to strongest acid.a. FCH2OHb. F2CHOHc. CH3OHd. F3COH describe how you could use the point-slope formula to find the equation of a line that is perpendicular to a given line and passes through a given point Assume that your company is considering switching to cloud computing for some of its services. Some people on the team are worried about security. What are some things that you can do to minimize the potential security disadvantages? Can someone help me with this math homework please!