Quite often a retail store owner will contract to pay rent under a percentage lease. This means the rent is based on:
a. net receipts plus a base rental fee
b. gross receipts with an established base rent
c. net receipts with an established maximum
d. a fixed amount for entire lease
Answer: b. gross receipts with an established base rent
Business
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The financial ratio measured as earnings before interest and taxes, divided by interest expense is the:
A. cash coverage ratio. B. debt-equity ratio. C. times interest earned ratio. D. gross margin. E. total debt ratio.
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What are universal product codes (UPCs)? Explain their use in packaging
What will be an ideal response?
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