Answer:
A. True
Explanation:
As we know that the license is been provided that serves alcohol for on-premise consumption and gets less than 50% of its gross receipts from alcohol sales, a cashier can be less than 18 years as well, according to the establishment. The establishment clearly mentions that it acquires less than 50 percent of its total receipts and a cashier can be less than 18 years. The given statements are true.
Answer: 12
Explanation: The ratio of number of times an inventory is used or sold in a specific period , generally a year, is called inventory turnover ratio. It can be computed by using the following formula :-
= 
where,
cost of goods sold = beginning inventory + net purchase - ending inventory
= $50,000 + $460,000 - $30,000
= $ 480,000
average inventory = 
=
= $40,000
so,
inventory turnover ratio = 
= 12
Answer:
$78,000
Explanation:
The computation of interest at year end is shown below:-
Interest at year end = Cash contribution + Income of partnership + Share of partnership liabilities - Cash from the partnership
= $50,000 + $20,000 × 50% + $60,000 × 50% - $12,000
= $90,000 + $10,000 + $30,000 - $12,000
= $78,000
Therefore for computing the partnership interest at year end we simply applied the above formula by considering all the items given in the question
A
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<span>When a commercial item is procured by the government, the contractor will provide a </span>TDP or Technical Data Package<span> to the government</span> that documents the functional, performance, and physical characteristics of their product and will assist in the development of configuration management efforts.
