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Veseljchak [2.6K]
3 years ago
12

Zully has obtained an SBA loan to start a new business in her town. She has an arrangement with Ford Motor Company to be the exc

lusive seller of Ford vehicles. She has used the SBA loan to purchase this dealership, purchase land, build the dealership buildings, and pay for all of the initial advertising. What is the most likely form of business she has adopted for this company?
Business
1 answer:
Darya [45]3 years ago
7 0

Answer:

Zully most likely has a manufacturing franchise

Explanation:

Based on the scenario being described within the question it can be said that Zully most likely has a manufacturing franchise. This is a franchising agreement in which the franchiser gives a manufacturer the right to produce and sell their products while also using their name and brand. Which is exactly what Zully is doing by selling Ford Vehicles.

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Soloha48 [4]
Yes she is










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3 years ago
The entry to record the issuance of common stock at a price above par includes a credit to?
Anton [14]

The entry to record the issuance of common stock at a price above par includes credit to cash.

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For instance, if a employer pronounces a dividend of $10 million and there are 20 million shareholders, investors will acquire $0.50 for each commonplace share they personal.

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3 0
2 years ago
Since your first birthday, your grandparents have been depositing $1,000 into a savings account on every one of your birthdays.
irina1246 [14]

Answer:

$25,650

Explanation:

The formula for calculating the future value of an annuity is:

F = P x ([1 + I]^N - 1 ) / I

where:

  • P = payment amount = $1,000
  • I = interest rate = 4%
  • N = number of payments = 18

F = $1,000 x ([1 + 4%]^18 - 1 ) / 4% = $1,000 x (1.04^18 - 1 ) / 4% = $1,000 x (2.026 - 1 ) / 4% =  $1,000 x 1.026 / 4% = $25,650

4 0
3 years ago
A city government purchased a new fire truck in Year 1 for $270,000. The city incurred an additional $ 30,000 in transportation
erica [24]

Answer:

correct option is  $0

Explanation:

given data

purchased  truck = $270,000

transportation and calibration costs = $30,000

life = 20 years

financed period = 15 year

solution

we know here that some expenses like insurance and depreciation etc is allocated by systematic and the rational procedure for some period

so that during that period related asset is expected to provide the benefit

and acquisition of capital asset is not record as expenses

we know  appropriate property and  plant or the equipment assets account are debit on  purchases

so that Depreciation expenses are recorded to reflect the allocation of costs of the asset to operation over service life of assets

so here correct option is  $0

6 0
3 years ago
Of the four steps in the army pr system, which step encompasses the activities of developing guidance for, providing appropriate
dalvyx [7]
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