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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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There are many type of negotiating approaches unions use. An example of one is when a union negotiates with a manufacturing comp
Ivenika [448]

Answer:

C. The trade off between wages and employment faced by the union.

Explanation:

The Union basically negotiates the pay a union worker will receive from the firm or organization. Unions use several techniques to increase the demand for labor and wages as well.

  • They push for minimum wage increase.
  • Increase the marginal productivity of workers.
  • Lobbying for stricter immigration rules. This limits growth in the labor supply, especially of low-skilled workers from outside the country.
  • They support restrictions on imported goods. This increases the demand for domestic production and domestic labor.
8 0
3 years ago
The percent yield of product is calculated by:________.
Anuta_ua [19.1K]

Answer:

percent yield graphic

Explanation:

Percent yield defines that it is the ratio of the percentage of actual yield to the yield of theoretical.

To compute the percent yield of the product we simply divided the actual yield by yield of theoretical and after the result we do the multiply with 100 to get the result in percentage form. In this case,, if we found that actual and theoretical yield is similar then the percentage of yield will be 100 percent.

5 0
3 years ago
During its first year of operations, Ivanhoe Company had credit sales of $2,781,600, of which $368,300 remained uncollected at y
Sergeeva-Olga [200]

Answer:

Explanation:

The journal entry to record the bad debt expense is shown below:

Bad debt expense A/c Dr  $19,340

      To Allowance for doubtful debts $19,340

(Being estimated uncollectible amount is recorded)

For recording this journal entry, we debited the bad debt expense account and credited the  Allowance for doubtful debts so that the amount is correctly recorded in the correct item.

7 0
4 years ago
Blue Technology began operations in 2019 and reported pretax financial income of $500,000 for the year. Blue's tax depreciation
SpyIntel [72]

Answer:

$440,000

Explanation:

Pre Tax financial income                                                      $500,000

Tax depreciation exceeding book depreciation                 ($45,000)

Accrued Expense for litigation                                             ($15,000)

Taxable income                                                                     $440,000

5 0
3 years ago
________ and their members provide value because they buy and sell securities on behalf of the companies and individuals they re
gayaneshka [121]
The answer is STOCK EXCHANGES. A stock exchange is an organization where its members (stock brokers and traders) can buy and sell stocks (shares), bonds, and other securities behalf of companies and individual investors. It may also provide facilities for the issuance and redemption of these securities.

4 0
3 years ago
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