Choose a popular franchise, and visit the company's web site to learn about its franchising policies. list at least three things you learned, such as costs franchisees must pay, or other rules or requirements. (1-3 sentences. 3.0 points) tip: popular franchises include mcdonalds®, subway®, dunkin' donuts®, cold stone creamery®, 7-eleven®, days inn®, great clips®, molly maid®, and many more. 6. describe a real or made up example of a contract that includes consideration. (1-5 sentences. 2.0 points)

Selected data for stick’s design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2