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lana66690 [7]
3 years ago
7

A business buyer purchases toner, paper, and staples from a seller of office supplies. What form does the seller need to use to

inform the buyer about the payment owed for this purchase?
A. A receipt
OB. An invoice
C. A purchase order
OD. A packing slip​
Business
1 answer:
solniwko [45]3 years ago
7 0

I'm pretty sure it is b because invoice is a record that keeps track of orders and cost

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Brooke and John formed a partnership. Brooke received a 40% interest in partnership capital and profits in exchange for contribu
spin [16.1K]

Answer:

$102,000

Explanation:

According to 26 US code Section 704(c) - Partner's distributive share :

Taxable gain to be recognized from sale = Sale value - ( Partner's share * Fair market value )

Brooke contributed the land, the gain realized before the land was contributed = $120,000 - $90,000 will be allocated entirely to her. She will also be allocated 40% of the gain after the contribution was made = ($150,000 - $120,000) x 40% = $30,000 x 40% = $12,000.

So the total gain recognized by Brooke will be $90,000 + $12,000 = $102,000.

Partnerships are pass through entities, the partners are taxed, not the partnership itself.

3 0
3 years ago
Erin collides her 940-kg Mazda Miata into the rear of a 2460-kg pick-up truck which was at rest at the light on Lake Avenue. The
BigorU [14]

Answer:

3.46 m/s

Explanation:

This is actually a Physics question and not a Business question.

According to the property of conservation of momentum, the speed of the Mazda before the collision multiplied by the mass of the Mazda must equal the speed after the collision multiplied by the mass of both cars:

m_1v_1=(m_1+m_2)*v_2\\940*12.5=(940+2460)*v_2\\v_2= 3.46\ m/s

The post-collision speed of the two entangled cars is 3.46 m/s.

4 0
3 years ago
If Division Inc. expects to sell 200,000 units in the current year, desires ending inventory of 24,000 units, and has 22,000 uni
Lyrx [107]

Answer:

a) True

Explanation:

Sales = Opening + Production - Closing

$200,000 = $22,000 + Production - $24,000

Production = 202,000 Units

Hence, the answer is a. True

4 0
2 years ago
Melbourne Company uses the perpetual inventory method. Melbourne purchased 500 units of inventory that cost $4.00 each. At a lat
ra1l [238]

Answer:

$1,200

Explanation:

Calculation to determine what the amount of ending inventory appearing on the balance sheet will be:

First step is to determine the units in ending inventory

Units in ending inventory=500 units + 600 units – 800 units sold

Units in ending inventory= 300

Now let determine the Ending inventory

Ending inventory=300 units x $4.00

Ending inventory = $1,200

Therefore the amount of ending inventory appearing on the balance sheet will be:$1,200

5 0
3 years ago
Burnett Corp. pays a constant $8.45 dividend on its stock. The company will maintain this dividend for the next 15 years and wil
just olya [345]

Answer:

56.47% is the current share price

Explanation:

To solve this question, we use the mathematical approach.

First, we calculate the current share price =

$8.45*Present value of annuity factor(11.2%,13)

But before we can get the value for the current share price, we need the value for the present value of annuity factor.

Present value of annuity factor = Annuity[1-(1+interest rate)^-time period]/rate =

8.45[1-(1.112)^-13]/0.112=

= $8.45*6.682519757 = 56.47%

6 0
3 years ago
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