Judges apply legal reasoning in deciding cases
Indicate whether the statement is true or false
TRUE
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Which of the following is a drawback of the franchise ownership?
A. The franchisor lacks any benefit from the success of his or her franchisee. B. The franchisee must join a single-store retailer to become independent of the franchisor. C. The franchisee lacks any kind of off- or onsite training from the franchisor. D. The franchisor must incur the capital costs like purchase and modification of the retail space. E. The franchisee must adhere to the franchisor's rules and operating guidelines.
The discovery of an intentional misstatement, even if immaterial, could impact the auditor's opinion on the effectiveness of the client's internal control over financial reporting
a. True b. False Indicate whether the statement is true or false
Within a business model, customers refer to ______.
a. people who express loyalty to your brand b. people who have purchased your product or service c. the segments of the market your offering intends to serve d. people in the geographic reach of the business
The primary weakness of EBIT-EPS analysis is that
A) it applies only to firms with large amounts of debt in their capital structure. B) it may only be used by firms that are profitable this year. C) it double counts the cost of debt financing. D) it ignores the implicit cost of debt financing.