A company that receives 1 . percent or more of its revenue from sales to a single customer must disclose the

a. identity of the customer.
b. identity of the customer and the amount of revenue from that customer.
c. type of revenues earned from that customer only.
d. amount of revenue from that customer only.


B

Business

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Bill and Bob share profits of their partnership in the ratio of 6:1 respectively. If the net income of the firm is $29,000, calculate Bill's share of net income. (Do not round any intermediate calculations.)

A) $20,714 B) $4143 C) $29,000 D) $24,857

Business

The ________ Credit Reporting Act and Equal Credit Opportunity Act state that consumers who are denied loans must receive a notice of "adverse action" explaining the decision

Fill in the blank(s) with correct word

Business

In a bilateral contract, only one party makes a promise

Indicate whether the statement is true or false

Business

A price reduction to one customer is lawful when it is made because of the deteriorated condition of the goods sold to that customer

Indicate whether the statement is true or false

Business