Answer:
A. Guidance from the franchisor
Explanation:
Under franchising , the franchisor grants license and transfer its business expertise, unique successful processes and ideas to another business (franchisee) , usually located in another country to, carry out franchisor's business in return for a fee.
Examples of Franchising being, KFC, McDonalds and chain of other fast food restaurants operating across the globe.
The franchisee i.e the one who avails the license to operate the business of franchisor, gets the benefit of using the already successful expertise and business guidance from the franchisor which otherwise would've required years of operations to develop.
Also the franchisee benefits from operating under established and renowned brand name of the franchisor.
So, in the given case, Brian would benefit in the form of, availing regular guidance and instructions from the franchisor.
Answer:
C. overturn the punitive damage award as grossly excessive
Explanation:
Answer:
Option B) Bad Debt Expense 500Accounts Receivable – Bob Smith 500
Explanation:
These entry doesn't exist because first you recognize the bad debt against the Allowance for Doubtful Accounts, and then when the company wrote off the account, it's the moment the entry it's Allowance for Doubtful Accounts against the Account Receivable.
Answer:
a lower price than planned was paid for materials
Explanation:
Direct material price variance is the difference between actual cost and standard cost.
Price variance is favourable when actual cost is less than standard cost. That is, when a lower price than planned was paid for materials.
Price variance is unfavourable when actual cost is greater than standard cost. This is, a higher price than planned was paid for materials.
I hope my answer helps you.
After one year you will be able to get 305 extra dollars then what you have put in hope this helps you
