Adisadvantage of a franchise is that the franchise owner must: a. compete with other franchises b. send all profits after salaries and taxes to the other parent company c. guarantee product quality d. sacrifice some freedom in return for the parent company’s guidance

Tandard product costs deerfield company manufactures product m in its factory. production of m requires 2 pounds of material p, costing $4 per pound and 0.5 hour of direct labor costing, $10 per hour. the variable overhead rate is $8 per direct labor hour, and the fixed overhead rate is $12 per direct labor hour. what is the standard product cost for product m? direct material answer direct labor answer variable overhead answer fixed overhead answer standard product cost per unit answer

Cash flow is often a problem for small businesses. how can an entrepreneur increase cash flow? a) locate lower-priced suppliers. b) forego sending in estimated tax payments to the irs c) shorten the terms on a bank loan to pay it off more quickly d) sell more low-margin items.

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.