Question 9 3/3 pts
Xavier and Yolonda have original investments of $50,000 and $100,000
respectively in a partnership. The articles of partnership include the
following provisions regarding the division of net income: interest on
original investment at 10%, salary allowances of $27,000 and $18,000
respectively, and the remainder equally. How much of the net income of
$40,000 is allocated to Xavier?
$20.000
SO

Acontractor was awarded a purchase order for commercial items for $1.5 million under the authority of far subpart 13.5. the purchase order was issued in november 2010 and containedall applicable clauses that were current as of the date of the purchase order. under the purchase order, the contractor is required to comply with a small business subcontracting plan that contains all of the required elements. which of the following is true? a.the contractor must submit a standard form 294, subcontracting report for individual contracts. b.the contractor must submit an individual subcontracting report through the electronic subcontracting reporting system (esrs). c.the contractor may submit either an sf 294 or report its subcontracting through esrs. d.the contractor is not required to submit any subcontracting reports.