Which of the following is a component of an invoice?

An invoice serves as a crucial document in business transactions, detailing the amount due for services rendered or products delivered. One of its primary components is the name of the company or client contracted with the company or vendor. This information is essential because it clearly identifies the parties involved in the transaction, ensuring that there is no confusion about who is being billed. Including the client's name helps to establish accountability and provides a record for both the seller and the buyer, facilitating smooth communication and future business dealings.

In contrast, while detailed cost ratios, collection ratios, or identifying equity partners may be relevant for internal financial analysis or specific contractual agreements, they are not standard components found in an invoice. An invoice focuses on the transaction at hand rather than broader financial metrics or partner details.