1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GalinKa [24]
3 years ago
11

Frozen Delight, Inc. charges an initial franchise fee of $79,300 for the right to operate as a franchisee of Frozen Delight. Of

this amount, $25,600 is collected immediately. The remainder is collected in four equal annual installments of $13,425 each. These installments have a present value of $41,960. As part of the total franchise fee, Frozen Delight also provides training (with a fair value of $2,200) to help franchisees get the store ready to open. The franchise agreement is signed on April 1, 2014, training is completed, and the store opens on July 1, 2014.
Prepare the journal entries required by Frozen Delight in 2014.
Business
1 answer:
telo118 [61]3 years ago
6 0

Answer:

Check attached file

Explanation:

You might be interested in
In the state of Florida if you're convicted of reckless driving you'll be assessed how many points
Greeley [361]
In the state of FL you'll be assessed 4 points.
6 0
3 years ago
Read 2 more answers
Suppose Americans buy inputs from foreigners. When the price of foreign inputs falls, the U.S. SRAS curve __________, which tend
Mademuasel [1]

When the price of foreign inputs falls, the U.S. SRAS curve option (b)i.e, shifts rightward; which tends to reduce the U.S. price level.

<h3>What is the SRAS curve?</h3>

We can understand how each firm in an economy reacts to price stickiness using the short-run aggregate supply curve (SRAS). The SRAS curve will have an upward slope when prices are stable. According to the SRAS curve, more output results from higher price levels.

The cost of labor, or wages, and the price of imported commodities that we use as inputs for other products are two other significant variables that may cause the SRAS curve to change in addition to energy prices.

A higher level of productivity causes the SRAS curve to move to the right because businesses can produce more output at all price points.

To know more about SRAS curve refer to:  brainly.com/question/16909327

#SPJ4

7 0
2 years ago
If labor cost are 55,000 dollers for concession staff, 82,500 dollers for security and 45.000 for parking lot operations and 49,
Pani-rosa [81]

Answer:

43%

explanation:

add them all up for x. then add the concession and parking lot costs for y. finally divide y/x.

Explanation:

7 0
3 years ago
The difference between the economic impact upon a municipality by a convention center as opposed to a stadium or arena built for
NeX [460]
Increased presence of visitor spending

I hope that helped
5 0
3 years ago
By lowering production costs, _____ help domestic producers compete against foreign imports
Ann [662]

The policy that lowers production costs and helps domestic producers to compete with imports are <u>D. subsidies. </u>

<h3 /><h3>What are subsidies?</h3>

This is a government policy where the government pays for some of the costs of production for local firms.

This allows the local firms to then sell their goods at a lower price so that they can compete with cheaper imports.

Options for this question include:

A. tariffs

B. custom duties

C. tariff rate quotas

D. subsidies

Find out more on subsidies at brainly.com/question/6945210.

#SPJ12

3 0
2 years ago
Other questions:
  • In a team, if someone gets stuck with the selected tasks for the iteration, what is the immediate next step?
    6·1 answer
  • If the management of an entity is close to breaching a debt covenant that requires maintaining a certain current ratio, manageme
    9·1 answer
  • Which best describes a way people can use personal loans? to buy a house to buy a bicycle to pay for college Which best describe
    14·2 answers
  • What can I do to make money with no money and no credit?
    9·2 answers
  • "Choose a product that is important to you personally. How could a manufacturer imple- ment the critical success factors you ide
    12·1 answer
  • "the aggregate demand curve is the sum of all demand curves of all goods and services in the economy"
    12·1 answer
  • Lower Equitorial and Upper Equitorial are the same except Lower Equitorial has a larger capital stock. Both countries undertake
    9·1 answer
  • How important is a business plan?​
    10·2 answers
  • Your monthly paycheck after deductions is $4352.
    12·1 answer
  • The ledger of Mai Company includes the following accounts with normal balances as of December 31: Common Stock $9,000; Dividends
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!