Beruflich Dokumente
Kultur Dokumente
FRANCHISE REVENUE
Franchise A - Under Accrued Method
Downpayment
Add: Present value 600,000 * 3.63
Franchise B - Under Deposit Method
Franchise C - Under Installment Method
Downpayment
First installment payment 600,000.00
Less: Interest (2,177,937 * 4%) 87,117.48
TOTAL FRANCHISE REVENUE
Note: Mr. Dayag suggested to answer P0 for installment method - with that the answer is
Downpayment
Present value
Franchise revenue
Less: Franchise cost
Gross Profit
Note: Mr. Dayag suggested not to include interest income for Franchisee B due to no substantial services were performed
Dayag suggested answer 3,195,788.48
UNEARNED REVENUES
Franchise A - Under Accrued Method
Unearned interest income 222,063.00
Franchise B - Deposit Method
Unearned franchise revenue
Unearned interest income
Franchise C - Installment Method
Uncollected
Unearned interest income
TOTAL UNEARNED REVENUES
1,400,000.00
2,177,937.00 3,577,937.00
-
1,400,000.00
512,882.52 1,912,883.00
5,490,820.00
3,577,937.00
Total
1,400,000.00
2,177,937.00
3,577,937.00
1,400,000.00 2,177,937.00
-
1,912,882.52
44.10% 843,581.19
3,021,518.19
1,400,000.00
2,177,937.00
3,577,937.00
2,000,000.00
1,577,937.00
44.10%
Total
1,400,000.00
2,177,937.00
3,577,937.00
1,400,000.00
2,177,937.00
87,117.48 2,265,054.48
87,117.48
1,912,883.00
44.10%
843,617.00
87,117.48 930,734.00
3,282,905.96
87,117.48 134,945.52
3,577,937.00
134,945.52 3,712,882.52
1,665,054.64
134,945.36 1,800,000.00
5,647,828.04
734,355.81
134,945.52 869,301.33
4,717,129.37
Present Value
2,177,937.00
1,665,054.48
1,131,656.66
576,922.93
(0.16)