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Discuss the advantages of licensing and franchising.In what situations are each of these strategies most appropriate?
Useful Life
The estimated period over which an asset is expected to be used before it is fully depreciated and considered no longer useful for business operations.
Tax Rate
The proportion of income that is charged as tax to a person or company.
Intragroup Transactions
Transactions that take place between entities within the same group or company, often requiring elimination for consolidated financial reporting.
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