A franchise is an arrangement in which semi-independent business owners pay fees and royalties to a parent company in return for the right to sell its products or services and often to use its business format and system

Indicate whether the statement is true or false

TRUE

Business

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On June 1, 2017, Wilke Services issued $31,000 of 7% bonds that mature in five years

The bonds were issued at a premium, for a total of $32,292. The bonds pay semiannual interest payments on June 30 and December 31 of each year. On December 31, 2017, what is the total amount paid to bondholders? A) $1,085 B) $2,170 C) $1,130 D) $2,260

Business

Operations managers must be able to anticipate changes in which of the following?

A) product mix B) product opportunities C) the products themselves D) product volume E) all of the above

Business