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
IRISSAK [1]
3 years ago
5

The menu in a franchise restaurant differs from that of an independently owned restaurant in which of the following ways

Business
1 answer:
djverab [1.8K]3 years ago
7 0
<span>The menu in a franchise restaurant differs from that of an independently owned restaurant in which of the following ways? A menu in a franchise restaurant is normally the same in all of the franchise establishments. When a restaurant is independently owned their menu can be as diverse as they want, it can change all of the time without corporate approval and can serve what's in season much easier. Though franchise menu's may differ based on region, all within a set area are typically the same. </span>
You might be interested in
If a treasury note has a bid price of $996.25, the quoted bid price in the wall street journal would be _________. none of the o
Yuri [45]
The answer is 996/25
7 0
3 years ago
The following transactions occurred during January 2021:
Fiesta28 [93]

Answer and Explanation:

According to the scenario, journal entry of the given data are as follow:-

Journal Entry

On Jan 1  

Cash A/c      Dr.   $2,600

   To Sales revenue A/c     $2600

(Being the sales is recorded)

  Cost of goods sold A/c     Dr.   $1,100

   To Merchandise Inventory A/c      $1,100

(Being the cost of goods sold is recorded)

On Jan 2  

Equipment A/c         Dr.  $4,600

   To Accounts payable A/c     $4,600

(Being the purchase of equipment on account is recorded)

On Jan 4

  Advertisement expenses A/c      Dr.   $200

   To Accounts payable A/c     $200

(Being the advertising expense is recorded)

On Jan 8

Accounts receivable A/c     Dr.   $4,800

    To Sales revenue A/c     $4,800

(Being the sales is recorded)

Cost of goods sold A/c      Dr.    $2,600

   To Merchandise  Inventory A/c      $2,600

(Being the cost of goods sold)

On Jan 10

Merchandise  Inventory A/c       Dr.    $9,400

   To Accounts payable A/c    $9,400

(Being the purchase of merchandise on account)

On Jan 13

Equipment A/c         Dr.    $800

     To cash A/c      $800

(Being purchase of equipment is recorded)

On Jan 16

 Accounts payable A/c         Dr.   $4,600

      To Cash A/c      $4,600

(Being the cash paid is recorded)

On Jan 18  

Cash A/c          Dr.   $3,800

       To Accounts receivable A/c    $3,800

(Being the cash received is recorded)

On Jan 20

Rent expense A/c          Dr.   $800

       To cash A/c      $800

(Being the rent expense is recorded)

On Jan 30

Salaries and wages expense A/c    Dr.  $2,800

        To cash A/c      $2,800

(Being the salaries and wages expense is recorded)

On Jan 31

Dividends A/c            Dr.  $1,000  

         To cash A/c      $1,000

(Being the cash dividend is paid)

7 0
3 years ago
g The following information relates to XYZ Company: January 1, 2023: Liabilities ............... $137,000 Retained earnings ....
Georgia [21]

Answer:

The common stock at January 1, 2023 is \$ 77,000

Explanation:

Total equity                                \$258,000

Total Liabilities                           \$123,000

Total asset as on December     \$381,000

Learn more about common stock, refer :

brainly.com/question/11453024

5 0
3 years ago
Excom sells radios and each unit carries a two-year replacement warranty. The cost of repair defects under the warranty is estim
Vladimir [108]

Answer:

$150

Explanation:

The Warranty Expense account is a liability account and it must include all the estimate costs associated to the merchandise sold:

100 radios were sold and the company estimates to replace 5% or them = 100 x 5% = 5 radios

the cost of replacing 5 radios = 5 radios x $30 per radio = $150

4 0
3 years ago
Randall is single and has total income from all sources (taxable and nontaxable) of $83,000. His taxable income is $62,000. Rand
bekas [8.4K]

Answer:

effective tax rate = 13.54

Explanation:

given data

total income = $83,000

taxable income = $62,000

tax liability = $11,239

to find out

effective tax rate

solution

we get here effective tax rate that is express as

effective tax rate = \frac{total\ tax}{total\ income}    .................1

put here value and we get

effective tax rate = \frac{11239}{83000}  

effective tax rate = 13.54

6 0
3 years ago
Other questions:
  • Joe has just moved to a small town with only one golf​ course, the Northlands Golf Club. His inverse demand function is pequals2
    12·1 answer
  • Donielle opened a revolving line of credit with a $4,000 credit limit. How much does she
    6·2 answers
  • Paulina works as a software engineer for her firm. Recently, her company was acquired by another firm that had its own informati
    10·2 answers
  • Match the scenarios with the economic concepts they illustrate.
    9·2 answers
  • Omar is a school superintendent who is trying to improve the selection process for teachers in his school district. Before imple
    13·1 answer
  • If the level of advertising expenditures is compared to the number of units sold at the end of a four-month period, the independ
    8·1 answer
  • correct,P5-23 (similar to) Value of a retirement annuity Personal Finance Problem An insurance agent is trying to sell you an​ a
    11·1 answer
  • Sue invested $5,000 in the ABC Limited Partnership and received a 10 percent interest in the partnership. The partnership had $2
    13·1 answer
  • What kind of business can you start without start up capital?​
    9·1 answer
  • Can policy market interventions cause consumer or producer surplus.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!