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Hunter-Best [27]
3 years ago
11

involves a _ involves a binding contractual agreement between a firm and another firm or individual whereby the business name an

d format have already been developed by the originating firm. Multiple Choice Exporting Franchising Joint venture Strategic alliancebinding contractual agreement between a firm and another firm or individual whereby the business name and format have already been developed by the originating firm.
Business
1 answer:
Nimfa-mama [501]3 years ago
4 0

Answer:

Franchising

Explanation:

In Franchising, a company who already has a successfully established brand give other people with the ability to open new branch by using that brand.

Example for this would be McDonald. McDonald operate under a franchising system, in which a person who have enough capital to provide building can pay a certain amount money to McDonald in exchange for permission to use its brand.

In most franchising system, the Franchiser usually impose a strict regulation regarding the format of the business. They do this in order to maintain the reputation of the brand.

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The equilibrium between possible threats and prospective compensation is known as​ ________.
stiv31 [10]
The equilibrium between possible threats and prospective compensation is known as risk/return trade-off.
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2 years ago
Aggregate demand​ (AD) is comprised of expenditure components that​ include:
Yanka [14]

Answer: A

Explanation:

Aggregate demand can be obtained by adding consumptions, investments, Government spendings, and net exports(exports-imports).

Aggregate demand=consumptions + investment + Government spending + exports - imports

3 0
3 years ago
after a bank reconciliation is completed, journal entries are prepared for items in the balance per company's records as well as
BaLLatris [955]

'After a bank reconciliation is completed, journal entries are prepared for items in the balance per the company's records as well as items in the balance per bank statement.

This statement is False.

In accounting, bank reconciliation is the process of reconciling the bank account balances on a company's books with the balances reported by financial institutions in their most recent bank statements. You should check the difference between the two numbers and correct if necessary.

Bank reconciliation is the process of reconciling cash book data with corresponding data on bank statements. This is an important process for the CFO's office and ensures the accuracy of the accounting records.

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7 0
1 year ago
A situation in which each firm chooses the best strategy given the strategies chosen by other firms is called a.
Trava [24]

Answer:

A Nash equilibrium results when every firm in an industry chooses a strategy that is optimal given the strategies chosen by its competitors.

4 0
2 years ago
Bavarian Chocolate Company processes chocolate into candy bars. The process begins by placing direct materials (raw chocolate, m
DanielleElmas [232]

Answer:

Bavarian Chocolate Company

Blending Department

1. Cost of Production Report:

Cost of production:                   Materials     Conversion     Total

Beginning WIP                            $37,950        $8,418          $46,368

Direct materials, 26,000 units  429,000      149,040          578,040

Total cost or production         $466,950    $157,458        $624,408

(See the workings of this report below.)

2. Change in direct materials cost per equivalent unit

                                 Increase or Decrease

                               Materials     Conversion

September             $16.50          $6.005

October                   $16.51           $5.99

Amount                   $0.01           $0.015

                               Increase        Decrease

Explanation:

a) Data and Calculations:

partial work in process account of the Blending Department at October 31, 2014:

Date  Item                                                Debit       Credit       Balance

Oct.1 Bal., 2,300 units, 3/5 completed 46,368

31 Direct materials, 26,000 units       429,000                       475,368

31 Direct labor                                      100,560                       575,928

31 Factory overhead                              48,480                       624,408

31 Goods transferred, 25,700 units                     578,378       46,030                          

31 Bal., 2,600 units, 1/5 completed                                           46,030

Ending units in process:

Beginning units in process        2,300

Direct materials                        26,000

Units available for production 28,300

Units transferred out               25,700

Ending units in process             2,600

Equivalent units of production:               Materials  Conversion

Units started and completed = 25,700   25,700      25,700

Ending WIP                                  2,600     2,600           520 (1/5 * 2,600)

Equivalent units produced                      28,300      26,220

Cost per unit of direct materials = $429,000/26,000 = $16.50

Cost of production:                   Materials     Conversion     Total

Beginning WIP                            $37,950        $8,418          $46,368

Direct materials, 26,000 units  429,000      149,040          578,040

Total cost or production         $466,950    $157,458        $624,408

Cost per equivalent unit:      Materials     Conversion

Total cost or production         $466,950    $157,458

Equivalent units produced          28,300       26,220

Cost per equivalent unit           $16.50          $6.005

Assignment of cost to units completed and ending WIP:

                                                    Materials     Conversion      Total

Units transferred out (25,700)   $424,050     $154,328    $578,378

Ending WIP (2,600/520)                 42,900            3,130        46,030

Total                                            $466,950     $157,458    $624,408

2. Assuming that the October 1 work in process inventory includes direct materials of $38,295, determine the increase or decrease in the cost per equivalent unit for direct materials and conversion between September and October.

Cost of production:                   Materials     Conversion     Total

Beginning WIP                            $38,295        $8,073         $46,368

Direct materials, 26,000 units  429,000       149,040         578,040

Total cost or production         $467,295       $157,113        $624,408

Cost per equivalent unit:      Materials     Conversion

Total cost or production         $467,295      $157,113

Equivalent units produced         28,300       26,220

Cost per equivalent unit           $16.51           $5.99

Assignment of cost to units completed and ending WIP:

                                                    Materials     Conversion      Total

Units transferred out (25,700)   $424,307     $153,943    $578,250

Ending WIP (2,600/520)                 42,926            3,115         46,041

Total                                            $467,233     $157,058    $624,291

5 0
3 years ago
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