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Alenkasestr [34]
3 years ago
11

When McDonald's corporate headquarters offers a local McDonald's franchise to a franchisee on Bourbon Street in New Orleans, it

is an example of ________ distribution.
Business
1 answer:
Sloan [31]3 years ago
4 0

Answer: exclusive  

Explanation: Exclusive distribution refers to the distribution system in which the company allows only some retailers exclusively to distribute their product in a particular geographic region.

In the given case, McDonald's is offering franchise to an existing franchisee of the company. Thus, we can conclude that the above case is an example of exclusive distribution system.

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The income tax saved by using lifo instead of fifo is equal to the​ ________ times the income tax rate.
marshall27 [118]
C. cost of the ending inventory
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3 years ago
In measuring an impairment loss for a financial asset under U.S. GAAP and under IFRS, the carrying value of the financial asset
Vitek1552 [10]

In measuring an impairment loss for a financial asset under U.S. GAAP and under IFRS, the carrying value of the financial asset would be compared to:

under U.S. GAAP Fair value and under IFRS recoverable amount.

Explanation:

In US GAAP, the cost of financial asset depreciation is calculated as the difference between carried value and fair value; in compliance with IFRS, a loss of financial asset impairment is defined as the difference between carrying value and the percentage of the asset that can be recouped.

In compliance with US-based ASC 360-10-35-20. The recovery of a historically identified impairment loss (or "restoration") is forbidden because an item is deemed to have a new cost base after an impairment loss has been registered.

7 0
3 years ago
All of the following are related to a takeover except a: A) tender offer. B) consolidation. C) going private transaction. D) pro
NARA [144]

Answer:

E

Explanation:

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A strategic alliance agreement between firms to come together in order to achieve a joint goal.

A consolidation can occur between firms as a result of the takeover.

Proxy contest is a contest for the ownership of a firm

5 0
3 years ago
Exercise 6-31 (Algorithmic) (LO. 3) Stanford owns and operates two dry cleaning businesses. He travels to Boston to discuss acqu
jekas [21]

,Answer:

See below

Explanation:

With regards to the above, since the restaurant was not acquired, the cost that is related to acquisition of restaurant will be ignored. It means that the $35,750 will not qualify for deduction.

Also, the expenses for considering the bakery $53,700 will not be allowed all at once.

Now, for any amount exceeding $50,000 there will be a reduction of $5,000

Reduced = $53,700 - $50,000 = $3,700

Then,

$5,000 - $3,700 = $1,300 deductions

Now,

$53,700 - $1,300 = $52,400 which is the deduction allowed in 180 months

Deduction per month = $52,400 / 180 = $291.11. Per month

Deduction for 2 months will be = 2 × $291.11 = $582.22

Therefore, eligible deduction = $582.22 + $1,300 = $1,882.22

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3 years ago
Record transactions and adjustments Enter the following column headings across the top of a sheet of paper:
Cerrena [4.2K]

Answer:

true

Explanation:

5 0
3 years ago
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