Answer:
Franchising
Explanation:
Franchising is defined as the contract that exists between a parent company (franchisor) and other firms (franchisee) in which an operating licence is given to the franchisee.
The franchisor gives access to use of their brand and also provides support and training to the franchisee.
Franchisee in turn gives an agreed amount of profit to the franchisor for using their brand.
An established name and specific rules of operation is agreed upon in the contract.
Answer:
PV= $22,677.03
Explanation:
Giving the following formula:
Number of periods (n)= 9 years
Annual payment (A)= $3,800
Discount rate (i)= 12%
<u>First, we will calculate the future value of the payments using the following formula:</u>
FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}
FV= {3,800*[(1.12^9) - 1]} / 0.12 + {[3,800*(1.12^9)] - 3,800}
FV= 56,147.49 + 6,737.7
FV= $62,885.19
<u>Now, the present value:</u>
PV= FV / (1 + i)^n
PV= 62,885.19 / (1.12^9)
PV= $22,677.03
Answer:
Please find the detailed answer below.
Explanation:
PART 1:.
a. Deposit = money supply - currency held
$6,000,000 - $2,000,000
= $4,000,000
b. Bank reserve is reserve-deposit ratio x deposit
0.25 x $4,000,000
=$1,000,000
c. Monetary base = currency held + bank reserve
$2,000,000 + $1,000,000
=$3,000,000
d. Money multiplier= money supply/monetary base
$6,000,000/$3,000,000
=2
PART 2.
a. Bank reserve
$4,000,000 + $1,000,000
=$5,000,000
b. Money supply= currency held + bank deposit
Currency held= base - reserve
$10,000,000 - $5,000,000
= $5,000,000
Therefore money supply is
$5,000,000 + $20,000,000
=$25,000,000
c. Money multiplier= money supply/monetary base
$25,000,000/$10,000,000
=2.5
Answer:
Direct labor cost= $31,200
Explanation:
Giving the following information:
Production= 48,000 units
Standard time= 3 minutes per unit
Rate= $13 per hour
First, we need to calculate the number of hours required:
The proportion of minuted per hour= 3/60= 0.05
Number of hours= 48,000*0.05= 2,400 hours
Now, the direct labor cost:
Direct labor cost= 2,400*13= $31,200
There is no effect on the accounting equation.
<h3>What is accounting equation?</h3>
Accounting equation is the one which states that a company's total assets are equal to the sum of its liabilities and its shareholders' equity.
Assets = owner's equity + liability
The above means that land is not depreciated, therefore assets decrease (-land) but also increase (+cash).
The elements of accounting equation are :
- Assets
- Liabilities
- Shareholders' equity.
Learn more about account equation here: brainly.com/question/24401217
