The statement of partners' equity shows each partner's beginning capital balance, additional investments, allocated income or loss, partners' withdrawals(expenses, withdrawals), and ending capital balance.
<h3>What is
capital balance?</h3>
Capital Balance refers to the principal balance of a Loan at any point in time to which the Servicer applies the relevant interest rate at which interest on that Loan accrues.
Simply add up the company's total current assets and subtract the total current liabilities from that total. The result is the amount of working capital available to the company at that time.
The capital balance is the amount borrowed less the future interest rate paid in monthly installments. It is the sum you must pay if you want to settle the contract.
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Answer:
The answer is: E) Social responsibility goals
Explanation:
Corporate social responsibility (CSR) incorporates sustainable development into a company's business model. It should have positive impact on the general public, the environment and the economy.
By helping restore, preserve and revitalize historical sites in NYC, American Express is creating a positive impact by:
- helping the people that live in NYC (better buildings or infrastructure)
- is injecting money into the city´s economy (hiring contractors, buying materials, etc)
- natural resources (i.e. trees) found at those historical sites will also be taken care of
Answer:
a.
Average cost per meal = Variable cost per meal + Fixed cost allocated to one meal sold = $4 + Total fixed cost/ Number of meals sold per day = $4 + 1,200/750 = $5.60.
b.
Price per one meal as per the leader of the Scout = 150/30 = $5
As the selling price is $0.60 lower than the average cost per meal ($5-$5.60), the owner has come up with the loss of $0.60 per meal served under the Scout leader's suggestion.
However, his calculation is not reasonable, because among the $5.60 cost per meal, there is a factor of allocated fixed cost equals to $1.6 per meal which will incurred regardless of the suggestion being accepted or not.
Given his restaurant does not run at full capacity, his profit per one meal from accepting the offer should be calculated as Price per one meal as per Scout leader offer - Variable cost per one meal = $5 - $4 = $1.
Explanation:
