Answer:
3. Franchisors may suffer a loss of control over how their technology and brand names are used.
Explanation:
If the brand name/reputation is tarnished somewhere, it affects every franchisor
Answer:
you should accept the payments because they are worth $56,451.91 today
Explanation:
We have to determinate the present value of the proposed annuity of $641 per month over a ten year spawn
Then, the value of the annuity:
C 641.00
time 120 (12 months x 10 years)
rate 0.005416667
PV $56,451.9083
Answer:
Whispering Winds Gross profit is $402,100
Explanation:
Multi step income statement differentiate the the operating revenue and expenses from non operating revenue and expenses. It shows the gross profit, operating profit and net profit separately.
Whispering Winds Corp.
Income statement for the year 2019
Net sales $973,000
Less: Cost of goods sold <u>$570,900</u>
Gross Profit $402,100
Less:Operating expenses <u>$220,300</u>
Operating Profit $181,800
Less: Interest expense <u>$14,600 </u>
Profit before Tax $167,200
Letter of credit that can be split up between many suppliers, each able to present their own documents for payment and allowing the trader to take his profits from the balance of the credit, is called Transferable Letter of Credit
.
Explanation:
Transferable Letter of Credit is a credit document in which the party can transfer the credit in full or partial to another beneficiary.
A transferable credit letter that enables a receiver to further pass all or part of the payment to another supplier in the chain or to some other receiver. This usually occurs when the recipient is merely a conduit to the actual supplier. Such LC allows the beneficiary to have their records, but to further pass the credit.
