What options are available to the aspiring franchisee to assist in the evaluation of a franchising opportunity?
What will be an ideal response?
Basically, three major sources of information should be tapped: (1) independent, third-party sources such as a consultant, educational materials, or state offices, (2) the franchisor itself, and (3) existing and previous franchisees.
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The Sarbanes-Oxley Act orders the FASB to hold chief executives and CFOs responsible for the accuracy of their company's financial statements
Indicate whether the statement is true or false
In ________, the producer marks the reduced prices directly on the label or package. These offer consumers savings off the regular price of a product and are very effective in stimulating short-term sales
A) promotional products B) coupons C) cents-off deals D) samples E) rebates
Athena Company provides employee health insurance that costs $5,000 per month. In addition, the company contributes an amount equal to 5% of the employees' $120,000 gross salary to a retirement program. The entry to record the accrued benefits for the month would include a:
A. Debit to Medical Insurance Payable $5,000. B. Debit to Employee Retirement Program Payable $6,000. C. Debit to Employee Benefits Expense $11,000. D. Debit to Payroll Taxes Expense $11,000. E. Credit to Employee Benefits Expense $11,000.
In the terminology suggested by the FASB, which of the following terms refers to the company whose stockholders as a group end up with control of the voting stock of the other company entering into the business combination?
a. Parent b. Subsidiary c. Combinee d. Combinor