subject
Business, 04.04.2020 04:29 jnthnsngh

Ri Fecta, a partnership, had revenues of $375,000 in its first year of operations. The partnership has not collected on $46,300 of its sales and still owes $38,300 on $170,000 of merchandise it purchased. There was no inventory on hand at the end of the year. The partnership paid $28,800 in salaries. The partners invested $46,000 in the business and $27,000 was borrowed on a five-year note. The partnership paid $2,430 in interest that was the amount owed for the year and paid $8,500 for a two-year insurance policy on the first day of business. Compute net income for the first year for Tri Fecta.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 06:00
List three careers that require knowledge of science. list three careers that require the use of of math. list three careers that require the use of foreign language. list three careers that require the use of good writing skills. list three careers that require the use of good computer skills.
Answers: 3
question
Business, 22.06.2019 11:30
Consider derek's budget information: materials to be used totals $64,750; direct labor totals $198,400; factory overhead totals $394,800; work in process inventory january 1, $189,100; and work in progress inventory on december 31, $197,600. what is the budgeted cost of goods manufactured for the year? a. $1,044,650 b. $649,450 c. $657,950 d. $197,600
Answers: 3
question
Business, 22.06.2019 17:20
David burdick is the ceo of acme bubblegum, a successful public company. as one of the cofounders of the company, burdick has enjoyed speaking and writing about the success of acme bubblegum for several years. typically, he speaks at conferences or directly to the press, but recently, he has been blogging about his firm anonymously. specifically, he defended a recent advertising campaign that was unpopular among consumers and pointedly attacked one of acme bubblegum’s competitors. burdick deeply enjoys his anonymous blogging and believes that none of his readers actually know that he works for acme bubblegum.should burdick be allowed to praise his company’s performance anonymously online? should he be allowed to attack his competitors without disclosing his relationship with the company? how would you feel if the ceo of a company at which you shopped was secretly writing criticisms of his or her competition? how would you feel if you knew a writer for your favorite blog was actually closely involved in a company that the blog discussed? 1. define the ethical issue? 2. who are the primary stakeholders? 3. what are the possible alternatives? 4. how could you evaluate the ethical implications of the alternative actions (use appropriate decision rules)? 5. what action would you recommend and why?
Answers: 3
question
Business, 22.06.2019 21:40
Which of the following is one of the main causes of inflation? a. wages drop so workers have to spend a higher percentage of income on necessities. b. demand drops and forces producers to charge more to meet their costs. c. rising unemployment cuts into national income. d. consumers demand goods faster than they can be supplied.
Answers: 3
You know the right answer?
Ri Fecta, a partnership, had revenues of $375,000 in its first year of operations. The partnership h...
Questions
question
Mathematics, 02.02.2021 21:30
question
Mathematics, 02.02.2021 21:30
question
Mathematics, 02.02.2021 21:30
question
History, 02.02.2021 21:30
question
Mathematics, 02.02.2021 21:30
question
History, 02.02.2021 21:30
question
Mathematics, 02.02.2021 21:30
Questions on the website: 13722359