The srt partnership agreement specifies that partnership net income be allocated as follows:
partner s partner r partner t
salary allowance $20,000 $25,000 $15,000
interest on average capital balance 10% 10% 10%
remainder 30% 30% 40%
average capital balances for the current year were $60,000 for s, $50,000 for r, and $40,000 for t.
refer to the information given. assuming a current year net income of $45,000, what amount should be allocated to each partner?
partner s partner r partner t
a. $17,000 $21,000 $7,000
b. ($9,000) ($9,000) ($12,000)
c. $13,500 $13,500 $18,000
d. $22,500 $22,500 $0

After discussing the options, the strategic management team has agreed that the pod coffee idea works well with the company's mission statement and decides that the company should move forward in exploring the pod coffee idea. in order to make sure that the pod coffee idea is a good one, and to see if there are other potential future endeavors to pursue, you must analyze the market situation and formulate a strategy. your boss asks you to start working on the pod coffee idea. what is your first stepa. your first step is to formulate a strategy for how to market the pod coffee concept. b. your first step is to consult with your boss and find out what he thinks about the pod coffee idea. c. your first step is to do some research to find out what your competitors are doing. d. your first step is to analyze the organization's strengths, weaknesses, opportunities, and threats.

Need true or false 1 2 3 4 5 6 7 8

Peppy knows a lot about marketing, but not much about the legal or financial aspects of starting a new business. he wants to consult with a lawyer and accountant, but his budget is tight with all of the expenses involved in getting peppy's pizzazzeria up and running. peppy should: trust his basic instincts and try to put it together without the advice of lawyers and accountants. delay talking with a lawyer and accountant until the business has established a positive cash flow for at least one year. immediately hire full-time lawyers and accountants for his staff. consult with a lawyer and accountant even though the budget is tight.