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3 years ago

How is a franchise different from a partnership?

1 answer:

8 0

- A franchise allows owners to be their own boss however they must still follow the rules and regulations and procedures of the franchise. In most franchises the owner must pay a large sum of money to buy into the franchise and share profits or pay royalties to the franchisor based on sales, not profits.

- In a partnership, two or more people pool their money and credit to start the business.

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The trial balance of Sheridan Company at the end of its fiscal year, August 31, 2017, includes these accounts:

Natalija [7]

Answer:

The answer is $229,200

Explanation:

Cost of sales equals:

Beginning inventory plus purchases minus ending inventory.

Beginning inventory is $23,570

Purchases(net Purchase) is

Purchases $224,020

Add: Freight-In. $9,770

Minus: Purchase Returns. and Allowances. ($5,460)

Net Purchase:. $228,330

ending inventory is $22,700.

Therefore, cost of goods sold is:

$23,570 + $228,330 - $22,700

=$229,200

6 0

3 years ago

A new security system has a price-tag of $7,500, but should save your company $3,275 each year for the next 10 years in reduced

goldenfox [79]

The IRR of the security system is 42.40.

An example of security is while you are at domestic with the doorways locked and also you feel secure. An employer or department whose venture is safety or safety, esp. A non-public police pressure is employed to patrol or protect a construction, park, or another vicinity. if you see an interloper, name safety.

Securities are fungible and tradable monetary gadgets used to elevate capital in public and personal markets. There are typically three kinds of securities: fairness—which presents possession rights to holders; debt—basically loans repaid with periodic payments; and hybrids—which combine elements of debt and fairness.

Security trouble is any unmitigated risk or vulnerability in your device that hackers can use to do damage to structures or statistics. This includes vulnerabilities inside the servers and software connecting your business to customers, as well as your enterprise strategies and those.

Using TVM Calculation,

Present Value of savings = [FV = 0, PMT = 3,375, N = 10 , I = 7,500]

PV = 3375

PI = 33750/7,500

PI = 4.50

Time Cashflows

0 -$7,500.00

1 $3,275.00

2 $3,275.00

3 $3,275.00

4 $3,275.00

5 $3,275.00

6 $3,275.00

7 $3,275.00

8 $3,275.00

9 $3,275.00

10 $3,275.00

IRR 42.39%

Learn more about security here brainly.com/question/7449721

#SPJ4

8 0

1 year ago

What are the purposes of a good web page design?

Marina CMI [18]

To get the attention of as many viewers as possible, & to make the web page as easy as possible for your viewers to find the information that they're looking for.

6 0

3 years ago

The first step in process flowcharting is to__________ A. draw the flowchart. B. break the process down into blocks. C. assemble

stepladder [879]

Answer: D. Select an appropriate transformation process for analysis

Explanation: A flow chart also known as a flow diagram is a schematic representation of how the different stages in a process are interconnected in sequential order. flowchart is a picture of the separate steps of a process in sequential order. It can be adapted for a variety of purposes including manufacturing, administrative, services processes or project plans. The first step in flowcharting is to select the appropriate transformation process for analysis. This involves defining the processes to be diagrammed, discussing and deciding its boundaries or limits: where it would start, where it would end etc. to drawing several major blocks that represent the most important steps in the process.

5 0

3 years ago

On July 1, 2021, Clearwater Inc. purchased 9,300 shares of the outstanding common stock of Mountain Corporation at a cost of $21

il63 [147K]

Answer and Explanation:

1. The journal entry is given below:

Investment in Mountain $213,000

To Cash $213,000

(Being the original investment is recorded)

Here the investment is debited as it increased the assets and credited the cash as it decreased the assets

The goodwill is

Purchase price $213,000

Less : Fair value of assets purchased (30%of $660,000) $198,000

Goodwill Purchased (difference) $15,000

Cash (30% × $11,700) $3,510

To Investment in Mountain $3,510

(being cash is recorded)

Investment in Mountain (30% 17,700) $5,310

To Investment Revenue $5,310

(Being investment is recorded)

6 0

3 years ago