A franchise agreement is a legally binding contract between the franchise partners.
A franchise is a method of distributing products or services that involves a franchisor, who establishes the brand's trademark or trade name as well as a business system, and a franchisee, which pays a royalty and, in many circumstances, an upfront fee for the right to use the franchisor's brand and system.
Most entrepreneurs choose franchising because it allows them to expand without the risk of debt or the expense of stock. For starters, because the franchisee supplies all of the cash necessary to create and manage a unit, it allows businesses to develop by leveraging the resources of others.
The blank will be filled by contractual.
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Answer:
Common quantitative methods include experiments, observations recorded as numbers, and surveys with closed-ended questions. ... Common qualitative methods include interviews with open-ended questions, observations described in words, and literature reviews that explore concepts and theories
Explanation:
25,000 shares authorized
12,000 shares issued
10,000 shares of common stock outstanding
0.50 per share cash dividend on its common stock outstanding
Declaration of dividends on its common shares.
10,000 * 0.50 = 5,000
Debit Credit
Retained Earnings 5,000
Dividends Payable 5,000
Answer: $70
Explanation:
First, we need to calculate the purchase price per share and this will be:
= Purchase amount / Number of shares bought
= $7000 / 140
= $50 per share
Therefore, the balance in the Paid-in Capital, Treasury Stock account on August 2 will be:
= [70 × ($52 - $50)] + [70 × ($49 - $50)]
= (70 × $2) + ($70 × $-1)
= $140 - $70
= $70
Answer:
It will be a financial disadvantage of Alternative Y over Alternative X
which menas, alternative X is better as their work is lower.
Explanation:
![\left[\begin{array}{cccc}&X&Y&$Differential\\$Material cost&-43000&-62000&-19000\\$Processing cost&-47200&-47200&0\\$Equipment rent&-17800&-17800&0\\$Occupancy cost&-16800&-25100&-8300\\&&&0\\$Total&-16800&-25100&-8300\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%26X%26Y%26%24Differential%5C%5C%24Material%20cost%26-43000%26-62000%26-19000%5C%5C%24Processing%20cost%26-47200%26-47200%260%5C%5C%24Equipment%20rent%26-17800%26-17800%260%5C%5C%24Occupancy%20cost%26-16800%26-25100%26-8300%5C%5C%26%26%260%5C%5C%24Total%26-16800%26-25100%26-8300%5C%5C%5Cend%7Barray%7D%5Cright%5D)
