Billings Inc. would like to buy a franchise to provide a specialized service. Information about Billings is more useful to some people involved in the project than to others.
Required
Complete the following chart by identifying the information listed on the left with the user€™s need to know the information. Identify the information as one of the following:
a. Need to know
b. Helpful to know
c. Not necessary to know

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User of the Infomation Information 1. Expected revenue from the new service 2. Cost of the franchise fee and recurring fees Manager Stockholders Franchison to be paid to the franchisor Cash available to Billings, the franchisee, to operate the business after the franchise is purchased 3. 4. Expected overhead costs of the service outlet 5. Billings' reauired return on its investment