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Need for Cash Flow Statement

Payment of on...

Question

Payment of _________ on a regular basis is to be made to the franchiser.

A

profits

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B

royalty

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C

fees

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D

all of the above

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Solution

The correct option is B royalty
The payment of royalty is the payment made by the franchisee to the franchiser in a regular basis for him to let the franchisee run a business with his established goodwill, trademark and processes.

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