<span>the answer to this question is royalty fee
</span><span> royalty fee refers to the amount of payment that a company receives from allowing other establishment to use their name as a franchise.
</span>Typically, this payment is paid monthly and will be calculated based on the value of sales that the establishment get from using the franchise.
Answer:C
Explanation:
Educated guess. Proper understanding of the environment helps to make informed decisions
I’m pretty sure the answer is d
Answer:
A) $56,750
Explanation:
Since Manning's ownership changed during the year, it must allocate income differently for the first 40 days than the remaining 325.
Kane should report the following income:
- 100% income form Manning x 40/365 = $73,000 x 40/365 = $8,000
- 75% income from Manning x 325/365 = $73,000 x 75% x 325/365 = $48,750
- total income allocated to Kane = $8,000 + $48,750 = $56,750