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Which is sufficient to cover estimated costs in excess of

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Problem 1: If the franchisor supplies equipment and inventories without a reasonable profit, part of the initial franchise fee, sufficient to cover the estimated costs in excess of that price is:

Option 1: deferred and recognized when finally sold to the franchisee
Option 2: not recognized.
Option 3: deferred and recognized over the period the goods are likely to be sold to the franchisee
Option 4: recognized immediately

Reference no: EM132942814

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