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 15%, salary allowances of $22,000 and $20,000 respectively, and the remainder equally. How much of the net income of $90,000 is allocated to Xavier?

A) $30,250
B) $47,750
C) $45,000
D) $42,250

D

Business

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The account in the general ledger that summarizes the balances of the accounts in a subsidiary ledger.

What will be an ideal response?

Business

Average collectors of an artist's miniatures will buy four new ones each year. The collectibles are available at a number of retail locations and from several catalog retailers

To ensure she gets a greater ________, the owner of The Door Gift Shop sends her customers who are collectors a postcard every time the store adds a new one to her store's inventory. A) share of communication B) segment profile C) customer allocation D) share of customer E) brand perception

Business