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3 years ago

9

One of the most important features of the franchise contract is the provision related to

1 answer:

DanielleElmas [232]3 years ago

6 0

The right answer for the question that is being asked and shown above is that: "a. the sale or transfer of the franchise to a government entity." One of the most important features of the franchise contract is the provision related to <span>a. the sale or transfer of the franchise to a government entity.</span>

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West Company borrowed $36,000 on September 1, 2016 from the Valley Bank. West agreed to pay interest annually at the rate of 6%

Illusion [34]

Answer:

$720

Explanation:

Given that,

Principal = $36,000

Rate = 6% per year

Note issued by West carried an 18-month term.

Time period: 1st September to December = 4 Months

Interest expense = Principal × Rate × Time period

= 36,000 × 6% × (4 ÷ 12)

= $720

Therefore, the amount of interest expense appearing on West's 2016 income statement would be $720.

5 0

3 years ago

How do you solve for an owner's equity

olganol [36]

Answer:

add up all of the business assets and deducting all of its liabilities.

5 0

2 years ago

Consider four different stocks, all of which have a required return of 15 percent and a most recent dividend of $4.20 per share.

natka813 [3]

Answer:

Dividend yield for W = 5%

Dividend yield for X = 15%

Dividend yield for Y = 20%

Dividend yield for Z = 4.6%

Explanation:

For a constant growth stock $Price =\frac{D1}{r-g}$

If r is made subject of formula; r= $\frac{D1}{Price}+g$ = div yield + growth rate

For Stock W, given r = 15% and g= 10%; dividend yield = 15%-10%=5%

For Stock X, given r = 15% and g= 0%; dividend yield = 15%-0%=15%

For Stock Y, given r = 15% and g= -5%; dividend yield = 15%-(-5)%=20%

For Stock Z, the price of the stock today is calculated as follows:

Price of the stock today = $\frac{D1}{(1+ke)^1}+\frac{D2}{(1+ke)^2}+\frac{P2}{(1+ke)^2}$ .

where P2= $\frac{D3}{ke-g}$

Price of the stock today = $\frac{4.2(1.2)}{(1+0.15)^1}+\frac{4.2(1.2)^2}{(1+0.15)^2}+\frac{4.2(1.2)^2(1.1)}{(0.15-0.1)(1+0.15)^2}$ =109.57

Therefore dividend yield = $\frac[D1}{Price}$ = $\frac{4.2(1.2)}{109.57}=$ 4.6%

5 0

3 years ago

Why are manufactured goods more valuable to the economy than services (select all that apply)

ahrayia [7]

The answer is no 2 and 4

5 0

2 years ago

n June, one of the processing departments at Football Corporation had beginning work in process inventory of $12,700. During the

Andru [333]

Answer:

$34,700

Explanation:

Calculation to determine what the cost of ending work in process inventory for the department would be:

Using this formula

Cost of ending work in process inventory=Beginning work in process inventory +Costs added to production-Units completed and transferred out

Let plug in the formula

Cost of ending work in process inventory=$12,700+$433,000- $411,000

Cost of ending work in process inventory=$34,700

Therefore the cost of ending work in process inventory for the department would be: $34,700

6 0

3 years ago