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Stephanie is a franchisee in the Grab-N-Go Burgers franchise system. Grab-N-Go Burgers charges its franchisees...

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Accounting

Stephanie is a franchisee in the Grab-N-Go Burgers franchise system. Grab-N-Go Burgers charges its franchisees an $800permonth inspection fee, royalty fees of 5.0 percent of gross sales, and a national advertising fee of 2.0 percent of gross sales. Last year Stephanie's operation generated $1,200,000 in gross sales. Help Stephanie forecast the total franchisee fees she will pay if her next year's gross sales increase by 5.0 percent.

Group of answer choices

$95,700

$97,800

$99,900

$102,000

Answer & Explanation Solved by verified expert
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