Business, 29.04.2021 18:50 CoolRahim9090
Drew, Elmer, and Frank are partners in the DEF partnership. The partnership is being dissolved. It has $200,000 in cash assets and it owes $410,000 to creditors. Profits and losses of the partners are shared equally, although Drew contributed $100,000 in capital; Elmer contributed $50,000 in capital; and Frank contributed $25,000 in capital. Which of the following is correct with regard to the responsibility of each partner? A. Each partner is responsible for $70,000 of the money owed to creditors. B. Elmer will have to contribute additional capital in order to settle the partnership affairs. C. Drew will have to contribute additional capital in order to settle the partnership affairs. D. All of these are correct.
Answers: 2
Business, 21.06.2019 15:00
In order to be thoughtful about the implementation of security policies and controls, leaders must balance the need to with the impact to the business operations. doing so could mean phasing security controls in over time or be as simple as aligning security implementation with the business’s training events.
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Business, 22.06.2019 19:20
Bcorporation, a merchandising company, reported the following results for october: sales $ 490,000 cost of goods sold (all variable) $ 169,700 total variable selling expense $ 24,200 total fixed selling expense $ 21,700 total variable administrative expense $ 13,200 total fixed administrative expense $ 33,600 the contribution margin for october is:
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Business, 22.06.2019 20:00
Lillypad toys is a manufacturer of educational toys for children. six months ago, the company's research and development division came up with an idea for a unique touchscreen device that can be used to introduce children to a number of foreign languages. three months ago, the company produced a working prototype, and last month the company successfully launched its new device on the commercial market. what should lillypad's managers prepare for next? a. increased competition from imitators b. a prolonged period of uncontested success c. a sharp decline in demand for the product d. a difficult struggle to move from invention to innovation
Answers: 2
Drew, Elmer, and Frank are partners in the DEF partnership. The partnership is being dissolved. It h...
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