Brendan will receive $17,000 before any of the other partners collect any cash.
What does Cash mean?
Money in the form of physical bills and coins, as opposed to money in a bank account or other form of electronic funds transfer, is referred to as "cash." It is a liquid asset, which means it is easily accessible and can be used to pay for goods and services quickly.
What does Services mean?
Services are activities carried out by individuals or organizations for the benefit of other individuals or organizations. This includes giving advice, delivering goods, performing tasks, and selling products. Services can be delivered in person, online, or a combination of the two.
To know more about Service,
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Thus the correct question is :
The partners realize that Brendan will be the first partner to start receiving cash. How much cash will Brendan receive before any of the other partners collect any cash? Choose the correct.
a. $12,250
b. $14,750
c. $17,000
d. $19,500