Business, 11.09.2019 03:30 kate5895

In the ad partnership, allen's capital is $140,000 and daniel's is $40,000 and they share income in a 3: 1 ratio, respectively. they decide to admit david to the partnership. each of the following questions is independent of the others.
refer to the information provided above. what amount will david have to invest to give him one-fifth percent interest in the capital of the partnership if no goodwill or bonus is recorded?
a. $60,000
b. $36,000
c. $50,000
d. $45,000

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 20:10

Suppose the production function in an economy is y = k0.5l0.5, where k is the amount of capital and l is the amount of labor. the economy begins with 64 units of capital and 16 units of labor. use a calculator and equations in the chapter to find a numerical answer to each of the following questions. what are the wage and the rental price of capital? the wage is equal to unit(s) of output and the rental price of capital is equal to unit(s) of output.

Answers: 1

Answer

Business, 23.06.2019 00:00

How did the change in textile production affect employment in spinning and weaving for adults and children?

Answers: 1

Answer

Business, 23.06.2019 01:20

Petra contracted to paint bret’s house for $2,000. after beginning the job, petra realizes that the house is really quite big, and she’s not going to make enough profit, so she tells bret she wants another $500 to finish the job. bret doesn’t want to pay more, but he’s afraid that if she walks off the job, he’ll have trouble finding someone else to finish it, so he agrees. is bret legally obligated to pay the extra $500?

Answers: 2

Answer

Business, 23.06.2019 01:30

What happens when the government finances a job creation project through taxes and borrowing?

Answers: 3

Answer

You know the right answer?

In the ad partnership, allen's capital is $140,000 and daniel's is $40,000 and they share income in...

Questions