Answer: Franchise agreement
Explanation: Before a third party can be licensed to use a proprietary software, document, brand name or other licensed materials, goods, product or trademark, there must be an agreement between the franchisor (Theodore and James) and the franchisee ( organizations or individuals who wish to use the franchisor's product) called the franchise agreement. These provides a legal bond between both parties which outlines terms and conditions of use pertaining to the franchisor's brand name or proprietary product. The franchisee offers something in return for the grant which is usually a Monetary package.
Answer:
$4,502
Explanation:
Brad's gross pay for the month is $6,400. His deduction for federal income tax is based on a rate of 22%.
Brad's net pay if we assume a FICAlong - OASDI Tax of 6.2% and FICAlong -Medicare Tax of 1.45%. will be:
His gross pay for the month less all the statutory deductions
$6400 - [(0.22 x 6400) + (0.062 x 6400) + (0.0145 x 6400)] = $4,502
The gross debt is the total amount of debt the gov. has issued . the difference is that the net debt does not include debt owned by the gov. to itself
Answer:
$143,600
Explanation:
Calculation for What is net income for 20X1 assuming the investment is short-term
Using this formula
Net income for 20X1 = Sales – Expenses + Unrealized gain on short-term investments
Let plug in the formula
Net income for 20X1 = $1,670,200 - $1,536,600 + $10,000
Net income for 20X1= $143,600
Therefore the net income for 20X1 assuming the investment is short-term will be $143,600
