Answer:
C. $300,000
Explanation:
Shue Capital Account:
contribution 50,000
partnership income x 30%
withdrawals (240,000)
change in capital account (100,000)
50,000 + Shue profits - 240,000 = -100,000
Shue profit = 240,000 - 100,000 - 50,000
Shue profit = 90,000
Partnership profit:
90,000 / 0.30 = 300,000
A A monthly maintenance fee (sometimes called a monthly service fee) is money a bank charges you for working with the company. The fee is usually automatically withdrawn from your account each month. In some cases, you'll pay the fee no matter what. But many banks let you waive the fee if you meet certain requirements.
Answer:
Explanation:
The GDP deflator for this year is calculated by dividing the value of all goods and services produced in the economy this year using this year's price by the value of all goods and services in the economy this year using base price year's and multiplying by 100. However, the CPI reflects only the prices of all goods and services bought by the consumers.
The correct answer is B) have a value expressed in both fiat money and commodity money.
Money serves as a unit of account when goods have a value expressed in both fiat money and commodity money.
There are three basic functions of money as we know it. The first is the basic one. Money serves as a medium of exchange for goods and services. Money stores value and wealth. It also is used as a unit of account. After many years of barter, money changed the way trade was done. It facilitated commerce and the interchange of products. With money as a unit of account, we can compare the costs of producing goods.
The answer is c
i hope that helped