Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
A franchisor grants a franchisee the right to operate a restaurant over a 10-year period using the franchisor's trademark and proprietary processes in exchange for P500,000 upfront fee and 10% sales-based royalty. The only performance obligation in the contract I the promise to grant the license, and this is satisfied over time. The franchisor reserves its right to terminate the contract after restaurants' commencement of operations for any of the following reasons: abandonment, insolvency, foreclosure, criminal conviction, failure to make payments, misuse of trademark, unauthorized disclosure of secret processes, repeated noncompliance with franchise policies, and unauthorized transfer of the license. Upon such termination, none of the upfront is refundable and the franchisor reserves its legal right to collect any amount due from royalty earned and for any legal damages. At the beginning of year 3, the franchisee violates one of the covenants above and thus the franchisor terminates the contract.
Problem 1: What is the revenue at the end of year 1, 2 and 3.
TXA Ltd acquired a machine from Blue Ltd, Make the journal entries that would appear in TXA Ltd.'s books to account for the acquisition of the Machine.
As of June 28, 2017 (the end of its fiscal year) its stock price was $38.13 per share. Calculate the book value per share for the firm
On January 2, Summers Company received a machine that the company had ordered with an invoice price of $101,000. Freight costs of $600 were paid by the vendor
Q13.92T floats a $34,387 debt issue and uses the proceeds to reduce share capital. The interest rate is 9.26 percent. Calculate the new value of the business.
Prepare the journal entry to record the initial investment on January, 20X1. Prepare the journal entry that Beckwith would record on each interest date. Prepare the journal entry that Beckwith would record at maturity of the bonds.
At January 1, 2016, Pearson Corp. has beginning inventory of 480 surfboards. Pearson estimates it will sell 2.400 units during the first quarter of 2016 with a 10% increase in sales each quarter. Each surfboard is sold for $225. How much is budgeted ..
$200,000 value has a rating of 1 with a building classification of B. The contents in the building are valued at $90,000. What is the total annual premium?
Solve amount of accounts receivable in the balance sheet of Starlight Inc. before and after write-off of uncollectible accounts as at December 31, 2017.
How is the increase in the value of the firm produced by a positive net present value project distributed between the firm's creditors and shareholders
Download 61 months (September 2010 to September 2015) of monthly data for the SPDR S&P 500 Index ETF (symbol = SPY). Download 61 months (September 2010 to September 2015) of Microsoft Corporation data (symbol = MSFT) and 61 months (September 2010 ..
What is the present value of $1,552.90 due in 10 years at (1) a 12 percent discount rate and (2) a 6 percent rate? Find the amount to which $500 will grow
Calculate ABCD's required rate of return on this similar-risk project. The preferred shares were issued at their par value of $75 and pay an annual dividend
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd