Fire Up makes fireproof clothing material and it licenses select stores around the world to use its material to make finished products with the Fire Up logo. Which of the following type of franchising is evident here?

A) manufacturer-sponsored retailer franchise system
B) manufacturer-sponsored wholesaler franchise system
C) service-firm-sponsored retailer franchise system
D) service-firm-sponsored equity strategic alliance
E) manufacturer-and-service-sponsored joint venture


B

Business

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Under the FIFO method, the equivalent units will always equal the actual units in beginning work in process inventory, plus the actual units started and completed during the current period, plus the actual units in ending work in process inventory during the current period

Indicate whether the statement is true or false

Business

Grady Corporation provides the following financial information

Minimum acceptable operating income $556,600 Average total assets $2,000,000 Operating income $708,000 Return on investment 35.40% Net sales $900,000 Calculate the target rate of return. (Round your answer to two decimal places.) A) 27.83% B) 78.67% C) 35.40% D) 61.84%

Business

Data from Dalpiaz Corporation's most recent balance sheet and income statement appear below: This YearLast YearAccounts receivable, net$104,000 $114,000 Inventory$157,000 $165,000 Sales on account$647,000    Cost of goods sold$438,000    Required:Compute the average collection period for this year:

What will be an ideal response?

Business

What kind of financial instruments are trusts?

What will be an ideal response?

Business