Answer:
Sonic sells the rights to use the business name and sell its products and services to others in a given territory. This arrangement is called a franchise agreement.
Explanation:
The franchise agreement can simply be described as a legal agreement for binding of two or more companies. The agreement carries all the terms and conditions under which the two companies will work together. In such a kind of agreement, the owner of a business gives the rights of using the company name to another person or another company. The other company also gets the rights to sell products under the name of that company. In return, they agree to pay a commission or a part of their revenue as franchise fees.
Answer: $82,500
Explanation:
Saleh's salary for fiscal year ending September 30 = $330,000
Salary that should be paid between October 1 - December 31, if the corporation is to continue to use it's fiscal year without negative tax effect.
To avoid negative tax effect, the Saleh's salary should be atleast equal to the amount being given for the fiscal year which ended in September 30.
October 1 - December 31 = 3 months
Saleh's monthly salary = total slary during fiscal year ÷ 12
$330,000 ÷ 12 = $27,500
October 1 - December 31 = $27500 * 3 = $82,500
Answer:
The answer is: Cobalt Sodas is not dealing with its main problem, which is the shift in consumer behavior
Explanation:
The main issue that Cobalt Sodas (CS) must address is the change in consumer behavior and to do this they must diversify their product lines.
Consumers are less interested now in beverages that are seen as unhealthy. They want to buy beverages considered to be healthy, so CS should start to develop a new product line of healthy beverages. If they sell "old style" cans that wouldn´t have a lasting positive impact. Maybe at the beginning they sell more cans but eventually their sales will keep falling until they diversity their product lines.
A is false, some states don't have a flat tax.
Answer:
$12,000
Explanation:
Calculation to determine the amount of Wages Expense recorded on the next payday, Saturday, April 3
Using this formula
Wages Expense=Daily payroll *2 days
Let plug in the formula
Wages Expense=$6,000*2 days
Wages Expense=$12,000
Therefore the amount of Wages Expense recorded on the next payday, Saturday, April 3 is $12,000