X, y, and z have capital balances of $90,000, $60,000, and $30,000, respectively. profits are allocated 35% to x, 35% to y, and 30% to z. the partners have decided to dissolve and liquidate the partnership. after paying all creditors, the amount available for distribution is $60,000. x, y, and z are all personally solvent. under the circumstances, z will:
a. receive $18,000b. receive $30,000c. personally have to contribute an additional $6,000d. personally have to contribute an additional $36,000
Answers: 1
Business, 22.06.2019 10:10
conquest, inc. produces a special kind of light-weight, recreational vehicle that has a unique design. it allows the company to follow a cost-plus pricing strategy. it has $9,000,000 of average assets, and the desired profit is a 10% return on assets. assume all products produced are sold. additional data are as follows: sales volume 1000 units per year; variable costs $1000 per unit; fixed costs $4,000,000 per year; using the cost-plus pricing approach, what should be the sales price per unit?
Answers: 2
Business, 22.06.2019 17:30
Four students are at an extracurricular activity fair at their high school and are trying to decide which clubs to join. some information about the students is listed in this chart: which describes which ctso each student should join?
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Business, 22.06.2019 18:00
Martha entered into a contract with terry, an art dealer. according to the contract, terry was to supply 18 th century artifacts to martha for the play she was directing, and martha was ready to pay $50,000 for this. another director needed the same artifacts and was ready to pay $60,000. terry decided not to sell the artifacts to martha. in this case, the court may order terry to:
Answers: 2
Business, 22.06.2019 19:40
Aprimary advantage of organizing economic activity within firms is thea. ability to coordinate highly complex tasks to allow for specialized division of labor. b. low administrative costs because of reduced bureaucracy. c. eradication of the principal-agent problem. d. high-powered incentive to work as salaried employees for an existing firm.
Answers: 1
X, y, and z have capital balances of $90,000, $60,000, and $30,000, respectively. profits are alloca...
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