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Ronch [10]
3 years ago
6

Maxwell and Smart are forming a partnership. Maxwell is investing a building that has a market value of $84,000. However, the bu

ilding carries a $52,000 mortgage that will be assumed by the partnership. Smart is investing $28,000 cash. The balance of Maxwell's Capital account will be:
Business
1 answer:
joja [24]3 years ago
5 0

Answer:

$32,000

Explanation:

Calculation for the balance of Maxwell's Capital account

Using this formula

Assets =Liabilities-Owner's Equity

Where,

Liabilities =$84,000

Owner's Equity=$52,000

Let plug in the formula

Assets =$32,000

Therefore the balance of Maxwell's Capital account will be $32,000

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stellarik [79]

Answer:

d.All of the above.

Explanation:

Free cash flow is the amount of cash that is available for management to use in any way they want (at their discretion), after all essential payments have been  made.

Essential payment may include taxation payment and other operational expenditure.

Keeping in view the above discussion, it can be assumed that the free cash flow can be used to pay additional dividends, acquire more property, plant and equipment and pay off debts.

Therefore the answer is d.All of the above.

4 0
3 years ago
Salespeople at Janie's Cookie Company want to draw the attention of their customers through blogs, Twitter, and LinkedIn, rather
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7 0
3 years ago
Jack Spratt is the production manager for a manufacturing firm that produces wizzy-gadgets and other items. The annual demand fo
Assoli18 [71]

Answer:

200 units      

Explanation:

For computing the number of units produced each time we need to applied the economic order quantity formula which is shown below:

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= \sqrt{\frac{2\times \text{1,600}\times \text{\$25}}{\text{\$2}}}

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8 0
3 years ago
The information systems of several firms have been compromised by insiders that can include contract employees, cleaning staff,
ch4aika [34]

Answer:

True

<h3>What is an Information system?</h3>
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To learn more about it,  refer

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7 0
1 year ago
If there are no statistical discrepancies, NDP (net domestic product) is: a) NI minus net foreign factor income.b) NI plus corpo
aliya0001 [1]

Answer:

a

Explanation:

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3 years ago
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