What the amount of revenue from franchise fees

Assignment Help Accounting Basics
Reference no: EM133137331

Question - Sand hill Inc. charges an initial franchise fee of $3100000¥ with $530000 paid when the agreement is signed and the balance in 5 annual payments. The present value of the future payments, discounted at 10%, is 551910551 The franchisee has the option to purchase $330000 of equipment for $312000. Sandhill has substantially provided all initial services required and collectibility of the payments is reasonably assured. What the amount of revenue from franchise fees?

Reference no: EM133137331

Questions Cloud

Prepare the journal entries to record the issuance of bonds : Pharoah Company sold $3,260,000, 9%, 10-year bonds on January 1, 2022. Prepare the journal entries to record the issuance of the bonds
Communication and team decision making : Is Group Think a Decision Making Method? Why? What are the key symptoms of groupthink? Discuss what each party might have felt during the interaction.
What amount should wildhorse include in its income statement : Wildhorse sold half of its stock in Blossom for $687000 cash. Before income taxes, what amount should Wildhorse include in its 2021 income statement
Linguistic style challenges : Describe linguistic styles and the challenges for managers. Explain how diversity brings additional challenges for managers in managing linguistic styles.
What the amount of revenue from franchise fees : Sandhill has substantially provided all initial services required and collectibility of the payments is reasonably assured. What the amount of revenue
Conflict resolution : How does culture impact conflict? Explain. Then discuss the conflict resolution style you prefer.
Obstacles to organizational change : Explain how these obstacles bring additional challenges for managers. Provide a remedy for reducing obstacles to organizational change.
Prepare a direct labour budget by quarters for six months : For Tracey Company, units to be produced are 5,300 in quarter 1 and 6,100 in quarter 2. Prepare a direct labour budget by quarters for six months
Explain difference between individuals and teams : Explain the difference between individuals and teams as they are used in an organization. Describe the 5 phases of group development.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd