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3 years ago

A franchise arrangement include a franchisor and franchisee with the franchisor..............to the franchisee

Business

1 answer:

MAVERICK [17]3 years ago

4 0

A franchise arrangement include a franchiser and franchisee with the franchiser terms and conditions to the franchisee.

<u>Explanation:</u>

A franchiser is the owner of any business and have an established trade mark. A franchisee is the one who will be paying royalty for using the Franchiser's brands and trademarks. There will be a contract agreement that exists in the franchising system. The agreement will contain two parties involved in it which is the franchiser and the franchise.

The agreement will also contain the terms and conditions of the franchiser to the franchise. The franchiser need to be obliged to these terms and conditions and when the violation of these terms and conditions happens then the franchiser has the power of taking legal actions as mentioned in the contract.

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On January 1, 2018, Jordan, Inc. acquired a machine for $ 1,000,000. The estimated useful life of the asset is five years. Res

klemol [59]

Answer:

Annual depreciation=$188,000

Explanation:

Giving the following information:

Purchasing price= $1,000,000

Salvage value= $60,000

Useful life= 5 years

To calculate the depreciation expense under the straight-line method, we need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (1,000,000 - 60,000)/5

Annual depreciation=$188,000

6 0

3 years ago

What are the constraints of business legislation?

Reika [66]

Answer:

A business may be constrained by a variety of licensure and other regulatory requirements, based on the industry and activities the business wants to pursue. For example, a lawyer must obtain a legal license in a particular state before he can open a practice in that state.

6 0

3 years ago

A city that is attempting to attract a professional football team is planning to build a new stadium costing $500 million. Annua

garik1379 [7]

Answer:

Capitalized cost = - $510,758,686.20

Explanation:

Interest rate = r = 10%, or 0.10

Present value of base cost = $500 million = $500,000,000

Present value of annual upkeep = $1,000,000 / r = $1,000,000 / 0.10 = $10,000,000

Present value of the replacement cost of artificial turf every 20 years = ($2,000,000 * (r / (((1 + r)^20) - 1)) / r = ($2,000,000 * (0.10 / (((1 + 0.10)^20) - 1)) / 0.10 = $349,192.50

Present value of painting every 5 years = ($250,000 * (r / (((1 + r)^5) - 1)) / r = ($250,000 * (0.10 / (((1 + 0.10)^5) - 1)) / 0.10 = $409,493.70

Therefore, we have:

Capitalized cost = - Present value of base cost - Present value of annual upkeep - Present value of the replacement cost of artificial turf every 20 years - Present value of painting every 5 years = - $500,000,000 - $10,000,000 - $349,192.50 - $409,493.70 = - $510,758,686.20

6 0

2 years ago

Augustine Reeds, a manufacturer of saxophone, oboe, and clarinet reeds, has projected sales to be $ 904 comma 000 in October

vladimir1956 [14]

Answer:

1. Sales Budget

October November December January

Total Sales $ 904,000 $ 964,000 $1,045,000 $ 936,000

Cash Sales - 20 $180,800 $192,800 $209,000 $187,200

Credit Sales - 80%$723,200 $771,200 $836,000 $748,800

2.Cash collections budget

December January

Cash Sales $209,000 $187,200

Credit Sales - 30% (0) $250,800 $224,640

Credit Sales - 60% (1) $462,720 $501,600

Credit Sales - 8% (2) $ 57,856 $ 61,696

Total $980,376 $975,136

Explanation:

1. Sales Budget

The Budget shows Both Cash and Credit Sales expected by the firm

2.Cash collections budget

Include Cash collections from both Cash and Credit Sales (as appropriate)

7 0

3 years ago

Think about the following situation and tell me what

romanna [79]

If you lie about your age then show him your real age. Also if you forget your id or social security number that’s shows that your not ready at all times for the job

4 0

2 years ago