In 2018, bratten fitness company made the following cash purchases: the exclusive right to manufacture and sell the x-core workout machine from symmetry corporation for $219,000. symmetry created the unique design for the machine. bratten also paid an additional $12,000 in legal and filing fees to attorneys to complete the transaction. an initial fee of $340,000 for a three-year agreement with silver’s gym to use its name for a new facility in the local area. silver’s gym has locations throughout the country. bratten is required to pay an additional fee of $6,900 for each month it operates under the silver’s gym name, with payments beginning in march 2018. bratten also purchased $419,000 of exercise equipment to be placed in the new facility. the exclusive right to sell healthy choice, a book authored by kent patterson, for $38,000. the book includes healthy recipes, recommendations for dietary supplements, and natural remedies. bratten plans to display the book at the check-in counter at its new facility, as well as make it available online.
required: prepare a summary journal entry to record expenditures related to initial acquisitions. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)
a store is laid out to keep people in so they purchase more items.
binding price ceilings benefit consumers because they allow consumers to buy all the goods they demand at a lower price. false. a binding price ceiling is created when the government decides how much an item can be sold for and states it can not rise above that set price. this stops businesses from seeing that their item is in high demand and raising the price so that they can make more money off the item.
answer; ///i believe that the best answer is (a); /// focus on the quiet and relaxed environment in which you can work out at your own