_____ Exist When Small, Independent Retailers Form an Organization That

question 105

Multiple Choice

_____ exist when small, independent retailers form an organization that operates a wholesale facility cooperatively.

• A)Retail franchise systems
• B)Service franchise systems
• C)Manufacturer-sponsored retail franchise systems
• D)Retailer-sponsored cooperatives

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Definitions:

Required Return

The basic annual percent yield needed to appeal to individuals or businesses for investment in a specific project or security.

Cash Flows

The gross flow of cash and assets equivalent to cash moving into and away from a business operation.

Payback Period

Payback period is the amount of time it takes for an investment to generate an amount of cash flow equal to the original investment amount.

Net Cash Inflows

The amount of cash that a business receives over a period, minus the amount of cash outflows.