Business, 13.12.2019 22:31 mathiscool51
Donald petersen joined his father, william petersen, in a chicken hatchery business william had previously operated as a sole proprietorship. when the partnership was formed, william contributed the assets of the proprietorship, which included cash, equipment, and inventory having a total value of $41,000. donald contributed nothing. they agreed to share the profits equally. for fifteen years donald took over the operation of the hatchery with very little from his father. when the business was terminated william contended that he was entitled to the return of his capital investment of $41,000 before donald could recover anything. donald asserted that he is entitled to one-half the value of the business. explain who is correct in his contention.
Answers: 3
Business, 21.06.2019 19:20
In 2007, americans smoked 19.2 billion packs of cigarettes. they paid an average retail price of $4.50 per pack. a. given that the elasticity of supply is 0.50.5 and the elasticity of demand is negative 0.4−0.4, derive linear demand and supply curves for cigarettes. the demand equation is qdequals=nothingplus+nothing times ×p and the supply equation is qsequals=nothingplus+nothing times ×p.
Answers: 2
Business, 21.06.2019 23:30
Which alternative accounting method allows farmers to record expenses and incomes in the year in which they sell their yield? gaap allows for the method, which permits farmers to subtract the expenses of producing the crop in the year in which they sell the yield and earn the revenue.
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Business, 22.06.2019 10:00
Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a
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Business, 22.06.2019 11:00
Samantha is interested in setting up her own accounting firm and wants to specialize in the area of accounting that has experienced the most significant growth in recent years. which area of accounting should she choose as her specialty? samantha should choose as her specialty.
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Donald petersen joined his father, william petersen, in a chicken hatchery business william had prev...
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