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3 years ago

Franchising is typically done by

2 answers:

5 0

Answer;
Franchising is typically done by Corporations.

Explanation;
Franchising is an arrangement where a party called the franchiser, grants another party called the franchisee, the right to use its trademark or trade name as well as certain business systems and processes, to produce and market a good or a service.
Examples of successful franchise businesses include; Subway, Pizza hut, Burger King , McDonald's in the U.S.

pickupchik [31]3 years ago

4 0

I’m pretty sure big corporations are the ones who franchise. So my guess is D.

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"is the curse of mature markets whereby products lack any real means of differentiation and customers see competing products as

luda_lava [24]

Answer:

Commoditization

Explanation:

This is known as commoditization. Commoditization can be defined as a a process whereby goods and services can no longer be distinguished from similar offerings that is being made by a rival company. In a particular category such goods are so alike that for you to find the difference between them, you do so via the price tags

5 0

4 years ago

McRae Corporation's total current assets are 412,000, its non-current assets are $524,000, its total current liabilities are____

lapo4ka [179]

Answer: See explanation

Explanation:

It should be noted that:

Working capital = Current assets - Current liabilities

$356000 = $412000 - Current liabilities

Current liabilities = $412000 - $356000

Current liabilities = $56000

Stockholders equity = Total asset - Total liability

Total asset = $412000 + $524000 = $936000

Total liabilities = $56000 + $274000

= $330,000

Stockholders equity = Total asset - Total liability

= $936000 - $330000

= $606000

5 0

3 years ago

Your furniture-making company has a policy of increasing prices 3% per year to keep up with inflation. Last year your luxury cha

NikAS [45]

Answer:

They should be priced $540.75 at this year.

Explanation:

Given that,

Furniture-making company has a policy of increasing prices 3%.

Last year, luxury chairs were priced at $525.

The price of the chair increase= 3% of $525

$=\$(\frac{3}{100}\times 525)$

=$15.75

The price of the luxury chair is=$(525+15.75)

=$540.75

They should be priced $540.75 at this year.

6 0

3 years ago

Baker traded a building used in her business for some new land. Baker originally purchased the building for $50,000 and it had a

Fittoniya [83]

Answer:

The adjusted basis in the land after the exchange=-$10,000, meaning Baker realized a loss of $10,000 from the exchange

Explanation:

Step 1: Determine the initial loss/gain in value of the building

initial loss/gain=original purchase price-adjusted basis

where;

original purchase price=$50,000

adjusted basis=$30,000

replacing;

initial loss/gain=50,000-30,000=$20,000

initial loss in value=-$20,000

Step 2: Determine the loss or gain from the exchange

loss/gain=35,000-30,000=$15,000

gain=$15,000

Step 3: Determine other additional costs

Costs=loss=-$5,000

Step 4: Determine the net gain/loss

net gain/loss=-20,000+(15,000)+(-5,000)=-$10,000

The adjusted basis in the land after the exchange=-$10,000, meaning Baker realized a loss of $10,000 from the exchange

8 0

4 years ago

The following section is taken from Carla Vista's balance sheet at December 31, 2021. Current liabilities Interest payable $ 50,

navik [9.2K]

Answer:

(a) Journalize the payment of the bond interest on January 1, 2022.

Since no accrued interest has been recorded, we must journalize the interest expense.

Dr Interest expense - bonds payable 60,000

Cr Cash 60,000

If the interest expense had been accrued by December 31 (like question C), then the journal entry should have been:

Dr Interest payable- bonds payable 60,000

Cr Cash 60,000

(b) Assume that on January 1, 2022, after paying interest, Carla Vista calls bonds having a face value of $195,000. The call price is 109. Record the redemption of the bonds.

Dr Bonds payable 195,000

Dr Call premium expense 17,550

Cr Cash 212,550

Dr Interest expense 40,500

Cr Interest payable - bonds payable 40,500

7 0

4 years ago