At year-end, the circle city partnership has the following capital balances:
manning, capital $130,000
gonzalez, capital 110,000
clark, capital 80,000
freeney, capital. 70,000
profits and losses are split on a 3: 3: 2: 2 basis respectively. clark decides to leave the partnership and is paid $90,000 from the business based on the original contractual agreement.

using the goodwill method, what is manning’s capital balance after clark withdraws?
a. $133,000.
b. $137,500.
c. $140,000.
d. $145,000.

This problem has been solved! see the answerwhich of the following statements is correct? the consumer price index is a measure of the overall level of prices, whereas the gdp deflator is not a measure of the overall level of prices. if, in the year 2011, the consumer price index has a value of 123.50, then the inflation rate for 2011 must be 23.50 percent. compared to the gdp deflator, the consumer price index is the more common gauge of inflation. the consumer price index and the gdp deflator reflect the goods and services bought by consumers equally well.