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Sever21 [200]
3 years ago
10

Gage buys from fishing guide corporation the exclusive right to sell fishing guide rods and reels in a certain area. their franc

hise agree­ment requires gage to pay certain administrative expenses. their agreement may also require gage to pay a percentage of the franchisor’s?
Business
1 answer:
Vinvika [58]3 years ago
5 0
The answer is advertising costs. Advertising fee implies a periodical expense paid by the franchisee to the franchisor for the use caused in corporate promoting. Corporate publicizing costs incorporate promoting and other showcasing programs for the diversified business. 
A class incorporated into money related bookkeeping to speak to costs related to advancing an industry, substance, mark, item name, or particular items or administrations keeping in mind the end goal to animate a want to purchase the element's items or administrations.
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Golden Eagle Company prepares monthly financial statements for its bank. The November 30 adjusted trial balance includes the fol
lilavasa [31]

Answer:

Given Below

Explanation:

<em><u>Golden Eagle Company</u></em>

<em><u>General Journal </u></em>

<em><u>Adjusting Entries December 31st </u></em>

Sr. No                Particulars                 Debit              Credit

1.              Supplies   Expense           $ 1000 Dr.

                     Supplies Account                                      $ 1000 Cr.

The supplies that were at the end of Nov have been used and new supplies purchased are still on hand.

2.          Insurance   Expense           $ 1000 Dr.

                  Prepaid Insurance                                       1,000 Cr.

Insurance cost is $1,000 per month. Insurance of $1000 expired during the month of December.

3.                  Salaries Expense        $ 14000 Dr.

                                Salaries Payable                           $ 14000 Cr.

Salaries for December owed for December are $14,000.

4.             Unearned Revenue            $ 500 Dr.

                                  Revenue Earned                       $ 500 Cr.

Defered Revenue earned at the end of December.

3 0
3 years ago
Smith Machining makes three products. The company’s annual budget includes $1,048,000 of overhead. In the past, the company allo
Flauer [41]

Answer:

The computation is shown below:

Explanation:

a. The company overhead rate based on direct labor is

= Total Overheads ÷ Direct Labor Hours

= $1,048,000 ÷ 40,000

= $26.2 per hour

b) Overheads Rate using Activity Based Costing  is

= Cost ÷ Activity level

For  Order Processing, it is

= $226,800 ÷ 14,000 orders

= $16.2 per order

For setups, it is

=  $157850 ÷ 4,100 setup

= $38.5 per setup

For Milling, it is  

= $395,850 ÷ 20,300 machine hours

= $19.5 per machine hour

For Shipping

= $267,500 ÷ 25,000

= $10.7 per shipment

We simply applied the above formula so that the per unit could come

6 0
3 years ago
A company has a cost of debt (before tax) of 5.5% and a cost of equity of 12.8%. In addition, the company has a target capital s
alexira [117]

Answer:

10.12%

Explanation:

Wacc = (D / V)rd (1 - t) + (E / V) re

(D/V) = 0.3

Rd = before tax cost of debt = 5.5%

T = tax rate = 30%

(E / V) = 0.7

Re = marginal cost of equity = 12.8%

= (0.3 x 5.5% × 0.7) + (0.7 x 12.8%) = 1.155% + 8.96% = 10.12%

I hope my answer helps you

4 0
3 years ago
Prompt
Savatey [412]
Is this argumentative ? are you supposed to be talking her into donating ? you could say that there’s proof that they do donate the money and use self worth and helping others and the good feeling you get from that to get her to donate
7 0
3 years ago
Which of the following is not a type of bank
Pani-rosa [81]
What are choices for this question
4 0
3 years ago
Read 2 more answers
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