Distinguish between the initial franchise fee and continuing franchise fee. When is each recognized as revenue?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 52% (19 reviews)
The initial franchise fee relates to services performed in conn...View the full answer
Answered By
ANDREW KIPRUTO
Academic Writing Expert
I have over 7 years of research and application experience. I am trained and licensed to provide expertise in IT information, computer sciences related topics and other units like chemistry, Business, law, biology, biochemistry, and genetics. I'm a network and IT admin with +8 years of experience in all kind of environments.
I can help you in the following areas:
Networking
- Ethernet, Wireless Airmax and 802.11, fiber networks on GPON/GEPON and WDM
- Protocols and IP Services: VLANs, LACP, ACLs, VPNs, OSPF, BGP, RADIUS, PPPoE, DNS, Proxies, SNMP
- Vendors: MikroTik, Ubiquiti, Cisco, Juniper, HP, Dell, DrayTek, SMC, Zyxel, Furukawa Electric, and many more
- Monitoring Systems: PRTG, Zabbix, Whatsup Gold, TheDude, RRDtoo
Always available for new projects! Contact me for any inquiries
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
Question Posted:
Students also viewed these Accounting questions
-
Indoor Golf Centers, Inc., sells franchises. The initial franchise fee is $50,000, payable 20% down with the balance in five equal annual installments plus interest at 10% on the unpaid balance. In...
-
Define reaction rate. Distinguish between the initial rate, average rate, and instantaneous rate of a chemical reaction. Which of these rates is usually fastest? The initial rate is the rate used by...
-
Distinguish between the initial rate of interest and expected yield on an ARM. What is the general relationship between the two? How do they generally reflect ARM terms?
-
11. Calculate the expected return and standard deviation for the risky portfolio on the CAL (with or without borrowing) and for the investor's complete portfolio on the CAL. 8(,1)% Std dev= 30 25 18...
-
a. Mort owns 500 shares of Pear, Inc. stock with an adjusted basis of $22,000. On July 28, 2013, he sells 100 shares for $3,000. On August 16, 2013, he purchases another 100 shares for $3,400. Mort's...
-
Determine the moment at B, then draw the moment diagram for the beam. Assume the support at A is pinned, B is a roller and C is fixed. EI is constant. 4 k/ft B. PA - 12 ft- 15 ft
-
Why do the terms of the attorney-client relationship need to be established in writing?
-
Century Lab plans to purchase a new centrifuge machine for its Manitoba facility. The machine costs $137,500 and is expected to have a useful life of eight years, with a terminal disposal value of...
-
Due to the bushfires in the beginning of 2020, firms are under pressure to take actions to deal with climate change concerns. CFO discussed this issue with managers in the manufacturing and sales...
-
Punnett Square 2 shows a Punnett square describing a cross between two individuals from the F 1 generation. Was Punnett square 2 a good predictor of offspring phenotypes? Support your answer by...
-
Describe the basic characteristics of the deposit method.
-
How is revenue recognized for real estate sales?
-
Modify the original Grand Prix example by increasing the demand at each regions by 200, so that total demand is well above total plant capacity. However, now interpret these demands as maximum sales,...
-
Why is unemployment nearly twice as high among black Americans as among white Americans? What should be done about the situation?
-
Why might it be inappropriate to discuss the effect of immigration policy using supply and demand analysis?
-
What agencies and groups are involved in such regulation?
-
In the opening to this chapter, the author describes a scene in the movie A Beautiful Mind. What is disturbing about that scene? Is John Nash representative of economic sensibility? (Feminist)
-
Briefly describe and contrast the components of a two-tier versus a three-tier data warehouse.
-
Youve been exposed to many rates in the last few pages. Explain the difference among spot rates, short rates, and forward rates.
-
On average there are four traffic accidents in a city during one hour of rush-hour traffic. Use the Poisson distribution to calculate the probability that in one such hour there arc (a) No accidents...
-
An airline wants to compare two processes, landing and take-off against the baggage handling. If average number of bags per customer is 1.5 and the airline recorded 3 lost bags for 9,000 passengers...
-
In what accounts should the following items be classified? (a) Coins and currency. (b) U.S. Treasury (government) bonds. (c) Certificate of deposit. (d) Cash in a bank that is in receivership. (e)...
-
In what accounts should the following items be classified? (a) Coins and currency. (b) U.S. Treasury (government) bonds. (c) Certificate of deposit. (d) Cash in a bank that is in receivership. (e)...
-
In what accounts should the following items be classified? (a) Coins and currency. (b) U.S. Treasury (government) bonds. (c) Certificate of deposit. (d) Cash in a bank that is in receivership. (e)...
-
Describe how a nursing facility might go about marketing itself and the services it provides to the community. When might management use a public relations firm? provide a details answer with...
-
Assume that three identical units of merchandise are purchased as follows: 1 unit purchased on July 1 st for $ 1 0 7 1 unit purchased on July 1 5 th for $ 1 2 4 1 unit purchased on July 2 5 th for $...
-
Conflict can be a barrier to creating change; therefore, it is important to consider how to overcome the roadblocks that conflict can create. How do Fullan's (2014) five components of leadership...
Study smarter with the SolutionInn App