Answer:
A stockholder or a shareholder are individuals or companies that has a share in a profit organization. They purchase their shares and can earn in return by receiving dividends if the profit is good or by selling their shares to the company or to a co-stockholder.
Answer:
$94,360
Explanation:
Calculation to determine what The equivalent units of production for the period for conversion costs were
Equivalent units of production=[$84,300+ ($50,300 * 20% ]
Equivalent units of production=$84,300+$10,060
Equivalent units of production=$94,360
Therefore The equivalent units of production for the period for conversion costs were $94,360
Answer:
The franchise agreement is the contract that details the terms of the franchise
Explanation:
A franchise agreement is a legally binding document that outlines a franchisor's terms and conditions for a franchisee. Every franchise is governed by these terms, which are generally outlined in a written agreement between both parties.
In actuality, most franchise agreements are for an initial term of 10 to 20 years, and most franchisees leave before that term is completed.
The franchise agreement will designate the territory in which you will operate and outline any exclusivity rights you may have as well as spell out the royalty fees, franchise fee, trademark and mode of operations.