Purkerson, smith, and traynor have operated a bookstore for a number of years as a partnership. at the beginning of 2018, capital balances were as follows: purkerson $ 60,000 smith 40,000 traynor 20,000 due to a cash shortage, purkerson invests an additional $14,000 in the business on april 1, 2018. each partner is allowed to withdraw $1,000 cash each month. the partners have used the same method of allocating profits and losses since the business's inception: each partner is given the following compensation allowance for work done in the business: purkerson, $15,000; smith, $25,000; and traynor, $8,000. each partner is credited with interest equal to 10 percent of the average monthly capital balance for the year without regard for normal drawings. any remaining profit or loss is allocated 2: 3: 5 to purkerson, smith, and traynor, respectively. the net income for 2018 is $36,000. each partner withdraws the allotted amount each month. what are the ending capital balances for 2018?

Which feature is a characteristic of a corporation?

Why entrepreneurs start businesses. a) monopolistic competition b) perfect competition c) sole proprietorship d) profit motive

1. revising for conciseness - eliminating flabby expressions,limiting long lead-ins, and dropping unnecessary fillerstime is money in any business environment. people want information communicated quickly and clearly. to make your writing more concise and understandable, avoid flabby expressions, long lead-ins, and unnecessary fillers. your audience will appreciate your brevity.1. if your writing contains a flabby expression like in view of the fact that, replace it with the word because / although / probably .for each of the following two sentences, choose the best revision.2. i am sending you this letter to inform you that we have experienced an unexpected surprise within our expense sheet, but we are positively certain we will solve it.1) we need to inform you that we have experienced an unexpected surprise with our expense sheet, but we are midway to an end result.2) we have identified a problem with our expense sheet, but we will solve it.3) i am sending you this letter to inform you that we have a problem with our expense sheet, but we are positively certain we have a solution.3. it is the user who should contact the center.1) everyone knows that it is the user who should contact the center.2) the user should contact the center.3) if there is a problem, the user should contact the center.read the following passage, and then answer the question.[1] you scheduled seven conference calls for this morning between 10 and 11 a.m. [2] generally, the company limits the number of conference calls to three per hour. [3] i’m letting you know that in the future, we should be more careful about scheduling.4. which revision limits the long lead-in in sentence 3? 1) in the future, we should be more careful about scheduling.2) i’m letting you know so that in the future we are more careful about scheduling calls.3) so that you know in the future, we should be more careful about scheduling.