Answer:
Jack holds an ownership interest of 59% and Teresa holds an ownership interest of 41% in the J and T Partnership. This year, in order to further develop the business, Jack contributes an additional $ 7,200 and Teresa contributes an additional $ 2, 900 to the partnership. Which of the following is true of this scenario - the $7,200 by Jack and $2,900 by Teresa will be recorded as an individual contribution - option A
Explanation:
Based on the information given by the question, there would be an addition to Jack and Teresa's capital, since the individual contribution is being done by jack and teresa.
Therefore, the $7,200 by Jack and $2,900 by Teresa will be recorded as an individual contribution - option A.
Answer:
Total pages= 12
Explanation:
Giving the following information:
The store charges $2.35 to send the first page and $0.70 for each subsequent page. Determine the number of pages that can be faxed for $10.75.
First, we need to determine the cost formula:
Cost= 2.35 + 0.7*x
10.75= 2.35 + 0.7x
8.4=0.7x
12=x
Total pages= 12
Cost= 2.35 + 0.7*12= $10.75
You start with your first day = 30$ and then you add up 10 for each the keeping in mind that the first day you do not pay those 10$
c = 30+(d-1)*10; where d= number of days