Answer:
c.free equipment and training.
Explanation:
A franchise is when a company gives another party the right to use its name and brand to do business. The franchisor provides loscence that covers it's procedures, know how, intellectual property, brand, business model, and rights to sell its products.
The franchisor provides expertise which includes site recommendations, name recognition, accounting and management support. To ensure uniformity of brand it also gives building specifications and designs.
Three payments are made by the franchisee to the franchisor:
- Payment for trademark
- Reimbursement for training and advisory services performed
- An agreed part of sales made
Answer:
$36
Explanation:
Given that,
Projected benefit obligation, January 1 = $ 620
Plan assets (fair value), January 1 = $600
Plan assets (fair value), December 31 = $630
Benefit payments to retirees, December 31 = $84
Actual return:
= Plan assets (fair value), January 1 × Actual return on plan assets
= $600 × 13%
= $78
Cash contributions:
= Ending plan assets + Retirement benefits - Actual return on plan assets - Beginning plan assets (fair value)
= $630 + $84 - $78 - $600
= $36
Answer:
Prefers a higher return for a given risk and prefers a lower risk for given return.
Explanation:
Answer:
$3,561.25
Explanation:
Statement showing computations
Particulars Amount
Cash balance per books 3,492.50
Service Charges (6.25)
Note Collected by Bank 450.00
NSF Check from Customer (375.00)
Adjusted amount of Cash 3,561.25
Therefore, The adjusted amount of Cash that should be reported for May 31 is $3,561.25
Answer:
$1067 F
Explanation:
The spending variance for wages and salaries in July would be closest to $1067 F