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If You Are a Franchisor and You Charge a Royalty

Question 34

Multiple Choice

If you are a franchisor and you charge a royalty of 5% on revenue and you have franchisees that have revenues of $1 million, $2 million, $1.5 million, and $2.5 million, how much would you earn in royalties?


A) $350,000
B) $450,000
C) $550,000
D) $650,000
E) $250,000

Correct Answer:

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