The srt partnership agreement specifies that partnership net income be allocated as follows:
partner s partner r partner t
salary allowance $20,000 $25,000 $15,000
interest on average capital balance 10% 10% 10%
remainder 30% 30% 40%
average capital balances for the current year were $60,000 for s, $50,000 for r, and $40,000 for t.
refer to the information given. assuming a current year net income of $45,000, what amount should be allocated to each partner?
partner s partner r partner t
a. $17,000 $21,000 $7,000
b. ($9,000) ($9,000) ($12,000)
c. $13,500 $13,500 $18,000
d. $22,500 $22,500 $0

What are the forecasted levels of the line of credit and special dividends? (hints: create a column showing the ratios for the current year; then create a new column showing the ratios used in the forecast. also, create a preliminary forecast that doesn’t include any new line of credit or special dividends. identify the financing deficit or surplus in this preliminary forecast and then add a new column that shows the final forecast that includes any new line of credit or special dividend.) now assume that the growth in sales is only 3%. what are the forecasted levels of the line of credit and special dividends?

Because the demand for wheat tends to be inelastic. true or false

Many potential buyers value high-quality used cars at the full-information market price of € p1 and lemons at € p2. a limited number of potential sellers value high-quality cars at € v1 ≤ p1 and lemons at € v2 ≤ p2. everyone is risk neutral. the share of lemons among all the used cars that might be potentially sold is € θ . suppose that the buyers incur a transaction cost of $200 to purchase a car. this transaction cost is the value of their time to find a car. what is the equilibrium? is it possible that no cars are sold