subject
Business, 22.02.2021 19:40 MorrisAshley

The net income of the Crowe and Browning partnership is $445000 The partnership agreement specifies that Crowe and Browning have a salary allowance of $111000 and $185000, respectively. The partnership agreement also specifies an interest allowance of 10% on capital balances at the beginning of the year. Each partner had a beginning capital balance of $293000. Any remaining net income or net loss is shared equally. What is the balance of Browning's Capital account at the end of the year after net income has been divided?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 07:30
Fill in the missing words to correctly complete each sentence about analyzing a job posting. when reviewing a job posting, it’s important to check theto determine whether it’s worth your time to apply. if the post has been up for a while or it’s already closed, move on to the next position. if it’s still available, take note of when it closes so you’ll know when you mayfrom the company in regard to an interview.
Answers: 1
question
Business, 22.06.2019 15:00
(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?
Answers: 2
question
Business, 22.06.2019 21:00
Noah met an old friend at a coffee shop. he jotted down the friend's new phone number, but later that afternoon he could not find it or remember what he had done with it. a couple of days later, noah went back to the coffee shop, and while waiting in line, he suddenly remembered where he had put the phone number. this is an example of:
Answers: 1
question
Business, 22.06.2019 22:40
Suppose your firm is considering investing in a project with the cash flows shown as follows, that the required rate of return on projects of this risk class is 10 percent, and that the maximum allowable payback and discounted payback statistics for the project are three and a half and four and a half years, respectively. use the irr decision to evaluate this project; should it be accepted or rejected
Answers: 3
You know the right answer?
The net income of the Crowe and Browning partnership is $445000 The partnership agreement specifies...
Questions
question
Health, 14.01.2021 01:30
question
Spanish, 14.01.2021 01:30
Questions on the website: 13722359