Which of the following statements about franchising is not true?

a. franchisees are often obligated to contribute percentages of sales to parent corporations.

b. the franchiser may supply financing?

Mazie Supply Co. uses the percent of accounts receivable method. On December 31, it has outstanding accounts receivable of $49,000, and it estimates that 5% will be uncollectible.

Which of the following does not accurately describe a result of the invention to the printing press?

On February 1, 2018, Sanger Corp. lends cash and accepts a $2,000 note receivable that offers 10% interest and is due in six months. What would Sanger record on August 1, 2018, when the borrower pays Sanger the correct amount owed

If a monopoly charges higher prices to consumers who buy smaller quantities than to consumers who buy larger quantities, then A. the monopoly's profits are larger than under perfect price discrimination. B.

6. On February 1, Ann sends Bob a letter offering to employ Bob at Ann's auto dealership. On February 5, Bob mails Ann a letter accepting the offer. On February 6, Ann has a change of heart and calls Bob to revoke the offer.

Income before interest and tax $20,000 Debt capital $100,000 Interest on debt capital 5% Tax rate 30% What is the amount of tax paid for the year? The amount of tax paid for the year is $.

Town Crier has 10 million shares of common stock outstanding. 2 million shares of preferred stock outstanding, and 10 thousand bonds. If the common shares are selling for $28 per share the preferred shares are selling for $15.

Suppose the yield on short-term government securities (perceived to be risk-free) is about 4%. Suppose also that the expected return required by the market for a portfolio with a beta of 1 is 10.0%. According to the capital asset pricing model: a.

Jack feels that his economic crisis is caused by the current political situation and the lack of incentives for small businesses.

Which of the following statements is true of a trial balance? A. A trial balance shows the total amounts of assets and liabilities, but not equity. B. A trial balance is prepared after the balance sheet. C.