subject
Business, 12.04.2021 22:50 oktacos

Assume that there are three partners in a partnership, A, B, and C. Partner C provides services to the partnership and is entitled to a salary of $180,000. Assume that the partnership revenues less expenses (other than salary to Partner C) amount is $400,000. Finally, assume that the Partnership Agreement provides for a sharing ratio of 50%:30%:20% for Partners A, B, and C, respectively. Prepare a schedule for the allocation of profit to the partners.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:30
Which of the following best describes the purpose of raising and lowering the required reserve ratio? a. to make sure that government spending does not result in either a surplus or deficit. b. to stimulate economic growth by making it less expensive for producers to get loans. c. to manage the economy by increasing or decreasing the amount of loans being made. d. to regulate the activity of private banks to assure an equitable distribution of wealth. 2b2t
Answers: 3
question
Business, 22.06.2019 17:40
To appeal to a new target market, the maker of hill's coffee has changed the product's package design, reformulated the coffee, begun advertising price discounts in women's magazines, and started distributing the product through gourmet coffee shops. what has been changed? a. the product's perceptual value. b.the product's 4ps. c. the method used in its target marketing. d. the ownership of the product line. e. the product's utility.
Answers: 3
question
Business, 22.06.2019 19:50
Joe pays ann to mow his lawn and ann mows vanna's lawn by mistake. vanna peers out her window and sees ann mowing, yet says nothing to ann about her mistake since vanna needs to have her lawn mowed. when ann approaches vanna for payment, vanna refuses, arguing that she never asked ann to mow her lawn. under these circumstances, ann can recover payment from vanna under:
Answers: 1
question
Business, 22.06.2019 23:30
Which statement best describes entrepreneurship aitmakes people very rich b it relies on large financial investments c it is only possible in the retail industry d it requires creativity and ambition
Answers: 3
You know the right answer?
Assume that there are three partners in a partnership, A, B, and C. Partner C provides services to t...
Questions
question
Chemistry, 20.10.2019 08:00
Questions on the website: 13722367