Business, 25.01.2020 07:31 michaelmcgee99

Three business partners owned 100% of a certain company. when they sold the company, one partner received exactly 5/8 of the proceeds of the sale and the other partners shared the remainder of the proceeds. how much money did the partner who received the smallest amount of the proceeds receive from the sale? a) the partner who received the smallest amount from the sale received exactly 1/5 the amount received by the partner who received the second largest amount. b) the partner who received the second largest amount from the sale received half of the two million dollars received by the partner who received the largest amount.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 14:30, karleygirl2870

Your own record of all your transactions. a. check register b. account statement

Answers: 1

continue

Business, 22.06.2019 14:50, keishadawson

The following information is needed to reconcile the cash balance for gourmet catering services. * a deposit of $5,600 is in transit. * outstanding checks total $1,000. * the book balance is $6,400 at february 28, 2019. * the bookkeeper recorded a $1,800 check as $17,200 in payment of the current month's rent. * the bank balance at february 28, 2019 was $17,410. * a deposit of $400 was credited by the bank for $4,000. * a customer's check for $3,300 was returned for nonsufficient funds. * the bank service charge is $90. what was the adjusted book balance?

Answers: 1

continue

Business, 22.06.2019 17:30, monicagalarza

If springfield is operating at full employment who is working a. everyone b. about 96% of the workforce c. the entire work force d. the robots

Answers: 1

continue

Business, 22.06.2019 19:10, kingjustin0825

Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.

Answers: 3

continue

You know the right answer?

Three business partners owned 100% of a certain company. when they sold the company, one partner rec...