Answer: they will share income and losses equally
Explanation: A partnership is a business arrangement owned by at least two people. If there is no profit sharing formula in a partnership they share the profit and loss equally, since they all own the business.
Answer:
Point Guard, Center, Wing, high post, low post
Explanation:
Answer:
b. cost of goods purchased
Explanation:
Cost of goods available for sale is the maximum amount of goods or services a company can sell during a given period which is usually a fiscal year.
Cost of good available for sale = beginning inventory + Cost of goods purchased + Cost of goods produced.
I hope my answer helps you.
Answer:
c. $8,400
Explanation:
Given that
cash dividend = $.80 per share
Authorized Shares = 16,000
Issued Shares = 11,000
Outstanding Shares = 10,500
So, the dividend amount is shown below
= Outstanding Number of shares × dividend per share
= 10,500 shares × $0.80 per share
= $8,400
The cash dividend amount should always be calculated on outstanding number of shares.
Answer:
if I had invested in Auto Zone in January, 1998, when the market quote was 30.25, 100 shares would have cost me <u>$3,025.</u> If there was a commission fee back then of $75, the total cost of this investment would have been <u>$3,100</u>
Explanation:
In January , 1998. the quote per share was $30.25
The cost for 100 shares will be
=$30.25 x 100
=$3,025
Total cost including commision
=$3,025 + 75
=$3,100