Answer:
Franchisor
Explanation:
The franchisor is the owner of the brand, while the franchisee is the one that uses its brand through a franchise contract
Answer and Explanation:
cash flow from operating activities
amount
net income $280,000
non cash expenditure:
depreciation $48,000
non operating gains:
loss on disposal of equipment $18,520
cash flow before working capital changes $347,520
working capital changes:
increase in accounts receivable ($17,280)
increase in accounts payable $8,960 ($8,320)
cash flow from operating activities $339,200
It is because they are not profitable enough at first and because their development can take scarce resources away from sustaining innovations.
<h3>What does the term "disruptive innovation" mean?</h3>
It disrupts the market leader in that specific market space and fundamentally alters the industry when a new good or service is launched into an established market that performs better and typically costs less.
<h3>What exactly qualifies as a disruptive invention?</h3>
The usage of cellphones for computing purposes, such as web browsing and streaming, rather than laptops and desktop computers is another example of disruptive innovation. Thanks to technical breakthroughs, cell phones today have tiny CPUs, circuits, and software that support these functionalities.
To know more about Disruptive innovations visit:
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Answer:
Explanation:
The journal entry is shown below:
Loss on impairment A/c Dr $140,400
To Accumulated impairment loss A/c $140,400
(being the impairment loss is recorded)
The computation is shown below:
= Carrying value of the equipment - fair value of the equipment
where,
Carrying value of the equipment would be
= Cost of the equipment - accumulated depreciation
= $1,053,000 - $444,600
= $608,400
So, the loss would be
= $608,400 - $468,000
= $140,400
