In the lmn partnership, lynn's capital is $60,000, marty's is $80,000, and nancy's is $70,000. they share income in a 4: 3: 3 ratio, respectively. nancy is retiring from the partnership. each of the following questions is independent of the others.
41. refer to the information above. nancy is paid $84,000, and no goodwill is recorded. in the journal entry to record nancy's withdrawal
a. lynn, capital will be debited for $7,000
b. marty, capital will be debited for $6,000
c. nancy, capital will be credited for $70,000
d. cash will be debited for $84,000

Uestion 7 you hold a portfolio consisting of a $5,000 investment in each of 20 different stocks. the portfolio beta is equal to 1.12. you have decided to sell a coal mining stock (b = 1.00) at $5,000 net and use the proceeds to buy a like amount of a mineral rights company stock (b = 2.00). what is the new beta of the portfolio?

What do students buy when they pay tuition

Circuittown commenced a gift card program in january 2018 and sold $12,150 of gift cards in january, $19,150 in february, and $18,100 in march of 2018 before discontinuing further gift card sales. during 2018, gift card redemptions were $7,850 for the january gift cards sold, $4,350 for the february cards, and $4,250 for the march cards. circuittown considers gift cards to be “broken” (not redeemable) 10 months after sale. required: 1. how much revenue will circuittown recognize with respect to january gift card sales during 2018? 2. prepare journal entries to record the sale of january gift cards, redemption of gift cards (ignore sales tax), and breakage (expiration) of gift cards. 3. how much revenue will circuittown recognize with respect to march gift card sales during 2018? 4. what liability for deferred revenue associated with gift card sales would circuittown show as of december 31, 2018?