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Zina [86]
3 years ago
14

A contractual arrangement under which the franchisor grants the franchisee the right to sell certain products, to perform specif

ic services, or to use certain trademarks or trade names, usually within a designated geographic area.Companies record as _operating_ expenses annual payments made under a franchise agreement in the period in which they are incurre
Business
1 answer:
Marianna [84]3 years ago
7 0

The Franchiser under the franchise contract allows the franchisee to sell products and services under its business name.

Explanation:

  • A franchise can be defined as a type of contractual arrangement or license that a party (Franchisee) acquires which allows the franchisee to have access to the proprietor's knowledge, process, and trademarks.
  • whenever a business house intends to expand its geographical reach by incurring less expense it creates a franchise for its product and services
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In 2020, Mowchan Inc. acquired Sanchez Co. and recorded goodwill of $290 million as a result. The net assets (including goodwill
Stels [109]

Answer:

$170 million

Explanation:

First we must calculate the implied fair value of goodwill:

fair value of goodwill = Sanchez's fair value - Sanchez's asset valuation = $1,020 million - $900 million = $120 million

impairment loss = recorded goodwill - fair value of goodwill = $290 million - $120 million = $170 million

An impairment loss is a loss generated by the decline of an asset's fair value.

3 0
3 years ago
There were a total of 90 people in the households, 10 of the people were children under 16, 10 of the people were retired but st
Vlad1618 [11]

Answer:

The unemployment rate is 42.85.

Explanation:

The formula to calculate the unemployment rate is:

Unemployment Rate = (Unemployed People / Total Labor) x 100 -- (1)

where total labor is the sum of the unemployed people and employed people.

Unemployed People = 10 Retired persons + 5 stay-at home parents + 10 persons with no job + 5 persons who wanted job

Unemployed People = 30

Labor Force = Employed people + Unemployed people

Labor Force = 40 + 30

Labor Force = 70

Putting the values in equation 1,

Unemployment Rate = ( 30/ 70) x 100

Unemployment Rate = 42.85

7 0
3 years ago
what will most likely still occur when the economy has achieved full employment? a.frictional, seasonal, and cyclical unemployme
topjm [15]
The right answer for the question that is being asked and shown above is that: "<span>c.Frictional, seasonal, and structural unemployment " </span>most likely still occur when the economy has achieved full employment is that <span>c.Frictional, seasonal, and structural unemployment </span>
5 0
3 years ago
Making a down payment reduces the
levacccp [35]
<span>d. loan principle amount

The loan principle amount is the amount of money borrowed for the loan. Making the down payment 1) proves the creditworthiness and capability of the buyer and 2) the overall amount of money to payback.</span>
5 0
3 years ago
Which is an advantage to having an account at a consumer bank instead of a credit union
arlik [135]

Answer:

Credit unions

Explanation:

offer higher savings rates and lower interest rates on loans

8 0
3 years ago
Read 2 more answers
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