Debbie acquired a franchise to operate a donut shop from dollar donuts, inc., for $100,000. she incurred an additional $4,000 in legal costs to negotiate the terms with the franchiser. in five years, the franchise contract will be renegotiated. the current contract also states that there will be a $3,000 annual fee plus a two percent charge based on the store's annual revenue, which is expected to average 90,000 per year. what is the franchise cost that should be capitalized? $100,000 $104,000 $88,000 $92,000
Answers: 1
Another question on Business
Business, 20.06.2019 18:04
As the beneficiary of a life insurance policy, you have two options for receiving the insurance proceeds. you can receive a lump sum of $200,000 today or receive payments of $1,400 a month for 20 years. if you can earn 6 percent on your money, which option should you take and why
Answers: 1
Business, 21.06.2019 20:20
Accounts receivable arising from sales to customers amounted to $40,000 and $55,000 at the beginning and end of the year, respectively. income reported on the income statement for the year was $180,000. exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is
Answers: 2
Business, 22.06.2019 01:30
Iam trying to get more members on my blog. how do i do this?
Answers: 3
Business, 22.06.2019 05:00
Identify an organization with the low-total-cost value proposition and suggest at least two possible measures within each of the four balanced scorecard perspectives.
Answers: 3
You know the right answer?
Debbie acquired a franchise to operate a donut shop from dollar donuts, inc., for $100,000. she incu...
Questions
English, 10.12.2019 06:31
