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skelet666 [1.2K]
3 years ago
7

McDonald’s requires $750,000 in cash or liquid assets, a __________ initial fee, plus a monthly service fee based on the restaur

ant’s sales performance and rent.
Business
1 answer:
nignag [31]3 years ago
6 0

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.

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Which of the factors of industrialization does Baines cite in the reading? Check all that apply water power to run machines rive
Daniel [21]

Answer: • Water power to run machines

• rivers for transportation of goods

• natural resources for production

Explanation:

Industrialization is when am economy moves from the agricultural sector to the industrial sector.

The factors of industrialization does Baines cite in the reading include:

• Water power to run machines

• rivers for transportation of goods

• natural resources for production

8 0
2 years ago
Selected information from the accounting records of Ellison Manufacturing Company follows:
Amanda [17]

Answer:

b. 94.9

Explanation:

The computation of the number of days' sales in average inventories is shown below:

Day inventory outstanding = (Beginning inventory + ending inventory) ÷ 2  ÷ cost of goods sold × total number of days in a year

= ($672,000 + $576,000) ÷ 2 ÷ $2,400,000 × 365 days

= ($624,000 ÷ $2,400,000 ) × 365 days

= 94.90 days

Simply we take the average of inventory and divide from the costs of goods sold

All other information which is given is not relevant. Hence, ignored it

7 0
3 years ago
Would it be advantageous for wynn manufacturing corporation if the cranston division makes the investment under consideration?
11111nata11111 [884]

Yes, It would be advantageous for wynn manufacturing corporation if the cranston division makes the investment under consideration.

  • Since managers are charged with maximizing the potential of their own units, it is crucial to frequently assess their performance in the workplace.
  • Target measurements can be used to assess managers of investment centers' performance.
  • Businesses typically have a target or targeted rate of return they would like to reach in order to assess a project's viability.
  • It is profitable for the firm as a whole to move forward with the project in this case because the project's projected return of 18% is higher than the company's desired rate of return of 16%.

To learn more about investment visit:

brainly.com/question/15105766

#SPJ4

4 0
2 years ago
Suppose that the Town of Mapledale is considering hiring an additional firefighter. The expected benefit is estimated to be wort
Radda [10]

Answer:

(B) Hire the firefighter if the cost of the new firefighter is less than $75,000.

Explanation:

The city should hire the Firefighter only if the cost of new firefighter is less than $75,000.

Since $5 x 15000 residents = $75, 000.

Therefore it is still beneficial to hire a new firefighter if the cost is less than $75, 000

5 0
3 years ago
The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: Cash balance
frez [133]

Answer:

bank statement                                          56,300

Checks outstanding                                  (25,390)

Deposit in transit not recorded by bank<u>    13,325  </u>

Adjusted bank statement                           44,235‬

Cash account                                       42,920

Bank debit memo for service charges      (35)

check register error:                         <u>       1,350   </u>

Adjusted cash account                         44,235

Explanation:

The procedure is to adjust for the unknow information and mistake of each party.

The bank is unaware of the check outstanding and deposit in transit

The company thanks to the banbk statement gets information about a mistake in his check register as it was posted for 1,500 when it should be 150.

6 0
3 years ago
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