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Alex
3 years ago
10

A yard 3-yard piece of rope costs. $5.85. What is the piece per feet?​

Business
1 answer:
kolbaska11 [484]3 years ago
6 0

Answer:

$1.95

Explanation:

$5.85 divided by 3 yards equals $1.95

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The correct answer is:

John's capital account for $35,300 (c.)

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In the admission of a new partner, the purchase of ownership from an existing partner to a new partner is entirely a personal transaction between the existing partner and the new partner, and the extent of partner bonus (the interest sold on the original partnership amount) is acquired by the exiting partner, but this bonus is not reflected in the partnership agreement, hence the amount credited into the new partner's account is the same as that owned previously by the exiting partner, irrespective of how much the partnership ownership was sold for.

Hence, since Bobbi's partnership capital was $35,300, John's account would be credited with the same amount even if the ownership was sold for $55,900, as the bonus goes to Bobbi.

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2 years ago
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