First Stage: Sole Proprietorship
In the early stage of development, Troy Smith started
Sonic as sole proprietorship. The advantage in this stage was that he was
making all business decisions to himself. While the disadvantage was that he
was not having help with things when needed thus causing his first ventures to
fail
Second stage: Partnership
The advantage in this scenario was that Troy Smith is now
having help with things like and he can focus his attention in improving the
business operations while his partner focus primarily on sales. The greatest
disadvantage now is that he has to share the profits of the business.
Third stage: Franchise
The business can now continue to grow while maintaining all
the same qualities the company was started with. The disadvantage would now be
Troy Smith would have limited control over the success of that particular
franchise.
Answer:
What is GECU
Explanation: If it has a email use your email or make one up if this is on school computer that is what I would do if I was signing up for anything
the two types of merchant wholesalers are: full-service wholesalers, which provide a full set of services, and limited service wholesalers, which offer fewer services to their suppliers and customers.
Answer:
Unit cost
$
Variable costing 18
Absorption costing 26.5
Explanation:
<em>Variable costing values every unit produced at the marginal cost</em>. Marginal cost is the sum of direct material, direct labor and variable overhead.
Marginal cost = 7.50 + 10.50 =$18
<em>Absorption costing values every unit at full cost</em>. Full cost is the sum of marginal and fixed overhead cost per unit,
Fixed overhead cost per unit = $297,500/35,000=8.5
Full cost = 7.50 + 10.50 + 8.50= $26.5
Unit cost
$
Variable costing 18
Absorption costing 26.5
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Answer:
The effective purchasing purchasing power of the initial loan of $6,200,000 when the firm repays is $3,444,444
If the original purchasing power of the $6,200,000 is to be maintained the firm must repay $ 11,160,000
Explanation:
In computing the figures above, I adhered strictly to the hints given in the question the purchasing of the original should be calculated by dividing the original amount by 1 plus cumulative inflation rate of 80% and that the amount should be multiplied by 1 plus cumulative inflation rate to arrive the amount needed as repayment to maintain the purchasing of the initial loan amount.
Find attached for detailed computations
