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schepotkina [342]
3 years ago
15

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?
A. Individual contribution of $ 7,200 by Jack and $ 2 ,900 by Teresa will be recorded.
B.59​% of​ Jack's contribution and 41​% of​ Teresa's contribution will be recorded.
C.Either the total contribution of $ 10,100 or the contribution in relationship to the ownership interest ratio will be recorded.
D.Only the total contribution of $ 10,100 will be recorded.
Business
1 answer:
tatiyna3 years ago
4 0

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.

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Which of the following will always be a relevant cost? Select one: a. Sunk cost b. Fixed cost c. Variable cost d. Opportunity co
Vsevolod [243]

Answer: Fixed Cost

Explanation: Fixed cost will always be a relevant cost because a business must incur fixed cost during the course of the business.

Fixed cost are cost that are not depended on sales or activity level of the organisation and they are incurred in as much as the business is operational.

Examples of fixed costs are:

Utilities, salaries, rent, depreciation etc.

Fixed costs has a high influence on the profit/ loss of any organisation.

3 0
2 years ago
What is an opportunity cost
xxMikexx [17]

Answer:

B

Explanation:

Opportunity cost is the valje of the next best alternative forgone when a choice is made.

7 0
2 years ago
In determining whether to issue a loan, banks are not allowed to ask about an applicant's
Firlakuza [10]

Answer:

country of origin.

Explanation:

Banks have a set of requirements that borrowers need to meet to qualify for a bank loan. The banks will ask questions to determine if the customer is eligible for a loan. Most of the questions pertain to the purpose of the loans and the customer's ability to repay.

The bank will ask about employment history, credit history, tax information, personal information, the purpose of the loan,  collateral, and other questions related to the ability to repay. A person's country of origin is unnecessary and may elicit elements of discrimination.

3 0
2 years ago
Read 2 more answers
Nendry is the owner of a firm that produces sports drinks. Since there are a number of firms in the industry competing on cost,
fredd [130]

Answer:

D. focus on adding unique features to her product that customers will value.

Explanation:

Differentiation strategy is the strategy that aims to distinguish a product or service, from other similar products, offered by the competitors in the market. It focuses on the development of a product or service, that is unique for the customers, in terms of product design, features, brand image, quality, or customer service.  

The focus of competition in a differentiation strategy tends to be on unique product features, service, and new product launches, or on marketing and promotion rather than price. A differentiator would focus research and development on product features or packaging in order to add uniqueness.

Hence, Nendry should focus on adding unique features to her product that customers will value.

6 0
3 years ago
During the first week of October, the workers at Walton's Widget Factory produced the following outputs: on Monday, 10 workers p
EleoNora [17]

Answer:

The average product of labor per day is 324

Explanation:

To find the average product of labor per day we need to know the total number of widgets produced divided by the worked days.

Average Product= total number of widgets /days

Monday, 10=250 widgets

Tuesday, 11=286 widgets

Wednesday, 13 =364 widgets

Thursday, 14 workers= 396 widgets

Friday, 12 workers=324 widgets

TOTAL WIDGETS= 250+286+364+396+324=1620

Days= 5 days

Average Product= 1620/5=324

8 0
3 years ago
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