For those wishing to purchase a franchise, the Federal Trade Commission acts as a guardian ensuring that the business idea is sound and that the information in the Franchise Disclosure Document is accurate
Indicate whether the statement is true or false
False
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A standing plan is ________.
A. an ongoing plan that provides guidance for activities performed repeatedly B. a plan that stands in place of a preferred plan in case of the failure of the latter C. a one-time plan specifically designed to meet the needs of a unique situation D. a flexible plan that sets out general guidelines for company strategy
Refer to the following selected financial information from Gomez Electronics. Compute the company's debt-to-equity ratio for Year 2. Year 2Year 1Net sales$478,500 $426,250 Cost of goods sold 276,300 250,120 Interest expense 9,700 10,700 Net income before tax 67,250 52,680 Net income after tax 46,050 39,900 Total assets 317,100 288,000 Total liabilities 181,400 167,300 Total equity 135,700 120,700
A. 0.75. B. 1.75. C. 2.34. D. 1.34. E. 2.63.
The total retail experience deals with a customer's involvement with a retailer from pre-sale discussions to post-sale service
Indicate whether the statement is true or false
Universal life differs from traditional whole life, because
A) universal life explicitly divides premium payments into a death protection component and an investment component. B) universal life pays a guaranteed interest return over the life of the policy's cash value. C) those with traditional whole life can borrow against their cash value, whereas those with universal life cannot. D) those with universal whole life can borrow against their cash value, whereas those with traditional whole life cannot.