Option C, Franchise system
Explanation:
A vertical contract marketing system is used in which companies work together to create higher economies or shipments, at different manufacturing and distribution rates than they do on their own.
The site owner does not handle and handles the location in which their products or services are served daily by the consumers in a franchise system. The job of the franchisee is to serve the customer.
McDonald's, KFC, Famous Amos, Starbucks Coffee and Dunkin ' Donuts are well-known examples of market style franchise. The franchisee offers operations knowledge, software and/or processes to operate the company as a form of service agreement.
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Answer:
D
Explanation:
The Answer is Commerce
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Answer:
accounting profit = $25
Total cost = $15
Economic profit = $15
Explanation:
given data
spends = $5
Implicit cost = $10 per hour
sell = $30
to find out
calculate the total cost for one photo frame
solution
first we calculate here accounting profit that is
accounting profit = Sale price - cost spent on materials
accounting profit = $30 - 5
accounting profit = $25
and
Total cost = Explicit cost + Implicit cost
Total cost = 5 + 10
Total cost = $15
and Economic profit will be
Economic profit = Accounting profit - implicit costs
Economic profit = $25 - $10
Economic profit = $15
Answer:
a. Revenues, expenses. and dividends - Temporary accounts
b. List of permanent accounts and their balances - Post-closing trial balance
c. Transfer of temporary balances to retained earnings - Closing entries
d. List of permanent and temporary accounts and their balances - Adjusted trial balance
e. Assets, liabilities, and stockholders' equity - Permanent accounts