Answer:
Percentage amount own by Moore is 41.25 %
Explanation:
We have given total price = $120000
It is given that Devis put up 40 %
So the amount which Devis put up
And Hernandez put up amount of $22500
So the amount put up by Devis and Hernandez = $48000+$22500 = $70500
Now amount own by Moore = $120000-$70500 = $49500
Percentage amount own by Moore %
Answer: P2P Commerce
Explanation:
The P2P commerce is one of the concept that helps in explain the peer to peer (P2P) connection directly with one another as it helps in minimizing all the risk and enhancing the P2P direct connection with company or any organization without interference with a third party.
According to the given question, P2P commerce usually communication directly with the customer without interference with any company and exchange the products and the services.
Therefore, P2P Commerce is the correct answer.
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Answer: the correct answer is $ 57000.
Explanation: Alexis's income is $6000 an we have to deduct to our long-term capital loss up to $10000 which is $13000-$10000=$3000.
The taxable income is $60000- $3000= $57000
Answer:
The correct answer is letter "D": Revenue should be recognized in the period goods and services are provided.
Explanation:
Revenue Recognition is an accounting term that describes how and when a firm records revenue in its books of accounting. Revenue recognition follows the <em>Generally Accepted Accounting Principle</em> (GAAP) and using the accrual method of accounting it requests to record revenue when earned, it is when the goods or services are provided regardless of when the money for those products is received.