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Anastaziya [24]
3 years ago
9

BJT Corporation is owned 40 percent by Bill, 30 percent by Jack, and 30 percent by the Trumpet Partnership. Bill and Jack are fa

ther and son. Jack has a 10 percent interest in Trumpet Partnership. What is Jack’s total direct and constructive ownership of BJT Corporation under Section 267?
Business
1 answer:
natulia [17]3 years ago
8 0

Answer:

33%

Explanation:

By virtue of been having 10% interest in Trumpet Partnership, Jack has a 10% share out of 30 percent owned by Trumpet Partnership (0.10 * 30=3%).

Additionally, his own 30 percent is still pay of his direct and constructive ownership of BJT Corporation, thus making his total direct stand at 33%.

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<em>d. gaining exposure</em>

Explanation:

<em>The stated event that Kimberly indulge is an example of</em> gaining exposure.

Gaining exposure is basically known as a gain of experience. Exposure has its meaning that is known as experience.

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Why is it important to conduct market research on your target audience before building your marketing plan
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3 years ago
Prepare journal entries to record the following transactions for a retail store. The company uses a perpetual inventory system a
anzhelika [568]

Answer:

April 2

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Accounts Payable :  Lyon Company $6,200 (credit)

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April 3

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April 4

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April 17

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<em />

Explanation:

There is some missing transactions for the dates closer to end of April.

However the rest of the journals and their narrations have been prepared. This will help with completing the rest of the transactions.

See journals above.

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Explanation:

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Answer:

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