All categories

2 years ago

What was the earliest franchise of indoor cycling classes called?.

Business

1 answer:

FinnZ [79.3K]2 years ago

5 0

The earliest franchise of indoor cycling classes called Spinning

<h3>Spinning</h3>

Spinning is a brand of indoor bicycles and indoor cycling instruction classes distributed and licensed by the American health and fitness company Mad Dogg Athletics.

In conclusion, we can conclude that the correct answer is spinning.

learn more about spinning from here: brainly.com/question/339581

You might be interested in

In a typical business, 80% of a company's

stepladder [879]

In a typical business, 80% of a company's expenses are for option C: Initial investments.

<h3>What do you mean by term Initial investments?</h3>

An initial investment is defined as the amount of money that is required for every business in order to start the project.

The initial investment is equal to capital expenditures plus working capital requirement add after-tax proceeds.

Therefore, approximately 80% of portion of total expense is covered by payment of initial investments.

Learn more about Initial investments, refer to the link:

brainly.com/question/13540082

#SPJ1

7 0

1 year ago

The new owner of a beauty shop is trying to decide whether to hire one, two, or three beauticians. She estimates that profits ne

Vinvika [58]

Answer:

the expected annual profit for the number of beauticians is $70,000

Explanation:

The computation of the expected annual profit for the number of beauticians is shown below:

= 50 × 0.50 + 75 × 0.20 + 100 × 30

= 25 + 15 + 30

= 70

= $70,000

hence the expected annual profit for the number of beauticians is $70,000. The same is to be considered

All other information that are mentioned should be ignored

3 0

3 years ago

Libre, Inc. has experienced bad debt losses of 5% of credit sales in prior periods. At the end of the year, the balance of Accou

Mama L [17]

Answer:

The estimated bad debt expense for the year amounts to $9,400

Explanation:

The estimated bad debt expense for the year is computed as:

As the percentage of credit sales method is used for estimating the bad debt expense. Therefore, it is computed as:

Bad debt expense = Net Credit Sales × Estimate Percent

where

Net credit sales amounts to $188,000

Estimate percent is 5%

So, putting the values above:

Bad debt expense = $188,000 × 5%

Bad debt expense = $9,400

Therefore, the bad debt expense amounts to $9,400

3 0

3 years ago

What are the weaknesses of the cash payback approach? A. It uses accrual-based accounting numbers B. It ignores the time value o

Debora [2.8K]

Answer:

D. Both (B) and (C) are true

Explanation:

Cash payback approach is helpful to know the number of years, project would take to recover the initial investment. It could be calculated by dividing initial investment by cash flow per year. It is very simple and easy approach to compare projects and find number of years to recover the initial investment. The most serious weekness of cash payback approach is, it ignore the time value for the money, it also ignore project profitablity and project`s return on investment. As according to cash payback approach, it consider projects with short payback time as profitable and thus ignore useful life of alternative projects.

7 0

3 years ago

On January 1, James Industries leased equipment to a customer for a five-year period, at which time possession of the leased ass

nexus9112 [7]

Answer:

James Industries

The amount of the annual lease payments is:

= $207,878.86.

Explanation:

a) Data and Calculations:

Cost of equipment = $830,000

Normal sales price = $830,000

Residual value after 5 years = $200,000

Interest rate = 8%

Lease period = 5 years

From an online financial calculator:

Loan Amount 830000

Loan Term 5 years

Interest Rate 8

Results:

Payment Every Year $207,878.86

Total of 5 Payments $1,039,394.29

Total Interest $209,394.29

Lease Payment Schedule:

Period PV PMT Interest FV

1 $830,000.00 $-207,878.86 $66,400.00 $-688,521.14

2 $688,521.14 $-207,878.86 $55,081.69 $-535,723.98

3 $535,723.98 $-207,878.86 $42,857.92 $-370,703.04

4 $370,703.04 $-207,878.86 $29,656.24 $-192,480.42

5 $192,480.42 $-207,878.86 $15,398.43 $0.00

6 0

3 years ago