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mote1985 [20]
3 years ago
7

Franchise fees should be recognized 1. on the date the contract was signed. 2. when performance obligations are satisfied. 3. on

the date the franchise is opened for business. 4. on the date the franchise fee is paid to franchisor.
Business
1 answer:
Snezhnost [94]3 years ago
5 0

Answer:

2. when performance obligations are satisfied.

Explanation:

Franchise fee is paid to the franchisor to become part of the franchise.

Obligations by the franchisor are satisfied when:

1. When the franchisor does not have any financial repayments to make.

2. Initial services are all performed, for example some agreements require franchisor to train new franchise staff.

Usually franchise fee is paid upfront, and then regular payments areade by the franchise to the franchisor to remain a member.

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The principal offensive strategy options include all of the following EXCEPT:A.using a cost advantage to attack competitors on t
Len [333]

Answer:

All are options for offensive strategy

Explanation:

In this question, we are trying to select an option which is not in terms with the other options as regards what principal offensive strategy should be.

Now, what the term principal offensive strategy refers to is that it is a type of corporate strategy that pushes for changes within the industry. What we are trying to say is that, the principal offensive strategy pursues an agenda that is pushing for a change within the industry.

Efforts might be concerted or individual steps might be taken. Hence, various techniques or strategies are in place to be used.

Offensive strategy types includes, an end run strategy where a company does not want competition and thus explore the part of the market with little or none.

A preemptive one which seek to conform some advantages on the company as it is the first one based on demographics

Others include: an acquisition and a direct attack strategy

3 0
3 years ago
• define the market process, the command process, and the traditional process. How does each process deal with the basic questio
kupik [55]

Answer:

Set Objectives. Start with setting marketing objectives. ...

Do Your Research. The market research you do will drive the decisions you make when deciding upon your marketing strategy. ...

Make Decisions. ...

Write It Down. ...

Summary.

4 0
2 years ago
There are three houses. One is red, one is blue, and one is white. If the red house is to the left of the house in the middle, a
Marta_Voda [28]
The white house is in the middle. Good riddle!
4 0
3 years ago
Jensen Company has a contribution margin ratio of 45%. This means that its variable costs are 55% of sales. True False
Sergeeva-Olga [200]

Answer:

Jensen company has a contribution margin ratio of 45%. This means that its variable costs are 55% of sales.

This statement is true

Explanation:

Contribution margin ratio is the ratio of contribution to sales. Since the contribution margin ratio is 45%, it implies that variable costs are 55% of sales.

5 0
3 years ago
An issuer decides to call in an outstanding bond issue under the terms detailed in the bond resolution because interest rates ha
tino4ka555 [31]

Answer:

An optional Call

Explanation:

Callable Bond

Callable bond represents an instrument of debt where the issuer issues the instrument reserving the right to make a return of the principal of investors including the stoppage of interest payments before the date of maturity of the bond.

Organisations would usually issue bonds as callable when either to meet unexpected obligations like pay off other debts, fund expansions or when they sense that opportunities may arise in the future for them to get other forms of financing at lower interest rates.

For bonds to be callable the terms must be clearly stated in the bond's offering.

Optional Call

In optional call, the issuer reserves the right to call the bonds to take advantage of present circumstances such as significant drop in interest rates (as stated in the question). However, the terms detailed in the bond resolution will allow the bondholders to receive a premium to par as compensation for their loss of interest payments on the called bond.

Furthermore, a period of time must usually pass before the issuer can use the optional call.

6 0
3 years ago
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