What is the discount date of an invoice dated June 22 that has terms of sale 1/10, n/45?
A) June 30
B) July 22
C) July 2
D) August 6
C
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Under the cost method, when treasury stock is purchased by the corporation, the par value and the price at which the stock was originally issued are important
a. True b. False Indicate whether the statement is true or false
"Hypercompetition" refers to companies that are successful and find sustainable competitive advantages
Indicate whether the statement is true or false
The partnership's net loss for the first year is $50,000. Nancy's capital balance is $98,000 and Betty's capital balance is $9000 at the end of the year. Calculate the share of profit (loss) to be allocated to Nancy.
Nancy and Betty enter into a partnership agreement whereby they undertake to share profits according to the following rules: (a) Nancy and Betty will receive salaries of $14,500 and $22,500 respectively as the first allocation. (b) The next allocation is based on 20% of each partner's capital balances. (c) Any remaining profit or loss is to be allocated completely to Betty. A) $34,100 B) $(19,600) C) $14,500 D) $(84,100)
Availability is related to ______.
A. reliability only B. maintainability only C. reliability and maintainability D. redundancy and reliability