McDonald’s requires $750,000 in cash or liquid assets, a $45,000 initial fee, plus a monthly service fee based on the restaurant’s sales performance and rent.
Explanation:
According to McDonald's, total project expenditures, including construction costs and upgrades, vary from $1 million to $2.2 million. The number is determined by the restaurant geography and scale and the preference of kitchen equipment, branding, design style and landscaping.
McDonald's charges a franchisee premium of $45,000 and a monthly service rate equivalent to 4% of gross sales. Franchisees also have to pay rent, a proportion of the monthly sales to the client.
The International Union of Service Employees estimates that franchisees pay an average of 10.7% of revenue in rental costs.
The startup costs for McDonald's franchisee are like those of KFC, Wendy and Taco Bell.
Answer:
American bakeries will win
Explanation:
In the given case the American bakeries will win.
It is given in the question that the contract between the American Bakeries and the Empire is a requirement contract.
The requirement contract not necessarily means that the two parties will have the trade.
Therefore,
The American Bakeries does not require any purchase from the Empire
Answer: being goal oriented
Explanation: A goal oriented individual may be referred to an individual with a strong aim and focus who will give his or her very best in other to achieve or attain his intended purpose or aim. A goal oriented individual will defy obstructions capable of hindering or standing in between her and her goal. Attaining one's desire or purpose requires very strong motivation which keeps one going in the face of tribulation or temptation and a strong organizational skill useful for attaining task specific needs at a specific time.
Answer:
The answer is ($62,400)
Explanation:
Cash flow only deals with cash. Statement of Cash flow is one of the three Financial statements and this records ONLY the cash that is coming in and out of the business
The company coughed out $62,400 cash. This is the money that will be recorded under cash flows from financing activities and not the $59,000.
So the narration will be:
Cash for retiring bonds.......($62,400)
