Business, 02.03.2020 21:47 ayoismeisjuam
Brief Exercise 169 Rich, Tracy, and Mark are partners who share profits 40%, 20%, and 40%. Their capital balances were $630,000, $420,000, and $210,000, respectively, before Mark’s retirement. Mark was paid $240,000 from partnership assets to buy his interest. Compute the capital balances of Rich and Tracy after Mark has withdrawn.
Answers: 2
Business, 22.06.2019 15:50, jackievelasquez7881
Singer and mcmann are partners in a business. singer’s original capital was $40,000 and mcmann’s was $60,000. they agree to salaries of $12,000 and $18,000 for singer and mcmann respectively and 10% interest on original capital. if they agree to share remaining profits and losses on a 3: 2 ratio, what will mcmann’s share of the income be if the income for the year was $15,000?
Answers: 1
Business, 22.06.2019 19:10, ayoismeisalex
Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position
Answers: 3
Brief Exercise 169 Rich, Tracy, and Mark are partners who share profits 40%, 20%, and 40%. Their cap...
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