The day-to-day operation of franchise business normally is left up to the franchisee.

Answer the following statement true (T) or false (F)


True

Business

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Free cash flow is calculated as net cash provided by operating activities less

a. dividends. b. capital expenditures and depreciation. c. capital expenditures. d. capital expenditures and dividends.

Business

Muzzillo Corporation has provided the following contribution format income statement. All questions concern situations that are within the relevant range.?Sales (3,000 units)$180,000?Variable expenses126,000?Contribution margin54,000?Fixed expenses52,200?Net operating income$1,800Required:a. If the selling price increases by $4 per unit and the sales volume decreases by 300 units, what would be the estimated net operating income?b. If the variable cost per unit increases by $6, spending on advertising increases by $3,000, and unit sales increase by 1,800 units, what would be the estimated net operating income?

What will be an ideal response?

Business

Which of the following refers to an agreement that substitutes a new party for one of the original contracting parties and relieves the existing party of liability on the contract?

A. novation B. substituted contract C. mutual rescission D. accord

Business

Which of the following perspectives of the balanced scorecard focuses on the increase of company profits through increasing revenue growth and productivity?

A) financial B) customer C) internal business D) learning and growth

Business