1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Aloiza [94]
3 years ago
7

Exercise 12-15 a-b Foss, Albertson, and Espinosa are partners who share profits and losses 50%, 30%, and 20%, respectively. Thei

r capital balances are $117,000, $55,000, and $32,000, respectively. Assume Garrett joins the partnership by investing $81,600 for a 25% interest with bonuses to the existing partners. Prepare the journal entry to record his investment. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Business
1 answer:
omeli [17]3 years ago
5 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

You might be interested in
Jeff was in a department store standing near a clothing rack. Store security felt that he was acting suspiciously because he was
liraira [26]

Answer:

c. No; the facts of this situation do not provide reasonable grounds for a stop and search. Any attempt to do so by store security could result in a claim of false imprisonment.

Explanation:

According to the situation described in the question above, store security has no right to stop and search for Jeff. Therefore, the letter c is the most correct answer to this question.

Jeff's actions in the store do not provide sufficient reasons for there to be any kind of stop and research, as the facts in the situation do not provide enough information about an illegal act, so if store security forces a situation there could be legal damage to the store .

Therefore, it is essential that stores adopt a theft prevention strategy, with an effective security system and a team prepared to carry out correct approaches.

4 0
3 years ago
Two investment advisers are comparing performance. One averaged a 19% return and the other a 16% return. However, the beta for t
finlep [7]

Answer: Adviser B is the superior stock selector.

Explanation:

For the comparision between the two investment advisers, the Jenson's Alpha will be utilized.

Jenson's Alpha:

= Portfolio Actual Return - CAPM(Benchmark Portfolio Return)

T Bill Rate(Risk free rate) = 6%

Market return(E(Em) = 14%

Beta of Investment Adviser A = 1.5

Beta of Investment Adviser B = 1

For Adviser A:

CAPM = Risk free return + Beta ( E(Rm) - Risk free return)

CAPM(Benchmark Portfolio) = 6 + 1.5 (14-6)

= 6 + 12

= 18%

Actual Return = 19%

Jenson's Alpha = 19% - 18% = 1%

For Adviser B:

CAPM = Risk free return + Beta ( E(Rm) - Risk free return)

CAPM(Benchmark Portfolio) = 6 + 1(14-6) = 6 + 1(8) = 14%

Actual Return = 16%

Jenson's Alpha = 16% - 14% = 2%

Adviser B is a better selector because he has a larger alpha of 2% compared to Adviser A who has 1%.

T Bill Rate(Risk free rate) = 3%

Market return(E(Rm) = 15%

Beta of Investment Adviser A = 1.5

Beta of Investment Adviser B = 1

For Adviser A:

CAPM = Risk free return + Beta ( E(Rm) - Risk free return)

CAPM(Benchmark Portfolio) = 3 + 1.5 (15-3)

= 3 + 18

= 21%

Actual Return = 19%

Jenson's Alpha = 19% - 21% = -2%

For Adviser B:

CAPM = Risk free return + Beta ( E(Rm) - Risk free return)

CAPM(Benchmark Portfolio) = 3 + 1(15-3) = 3 + 1(12) = 15%

Actual Return = 16%

Jenson's Alpha = 16% - 15% = 1%

Given the changes, Adviser B is still the better selector because he has a larger alpha of 1% compared to Adviser A who has -2%.

7 0
2 years ago
The average time it takes to carry out an execution in california is 14 years because of _______
Flauer [41]
Laws and government? MAYBE
7 0
3 years ago
You want to measure the impact of the media in some way. You sample several advice columns found in "Playboy" and "Playgirl" and
jarptica [38.1K]

Answer:

The correct answer is: content analysis.

Explanation:

Content analysis is a research method used to find repetitive patterns in mediums of communication portraying the different types of content such as reviews, images, audio or video. Content analysis has mainly been used in social studies but it is being implemented in business applied to marketing techniques in an attempt to spot consumer patterns.

5 0
3 years ago
Read 2 more answers
Which legal doctrine allows the use of copyrighted works for purposes that benefit the public, such as teaching and news reporti
never [62]

The legal doctrine that allows for the usage of copyrighted works for certain purposes is known as the <u>"Fair Use" doctrine.</u>

<h3>The "Fair Use" doctrine</h3>
  • Became federal law by the passing of the Copyright Act of 1976.
  • Allows for usage of copyrighted material for teaching, news reporting, and research among others.

This means that when copyrighted work needs to be used in areas covered by this doctrine, the users do not have to ask for permission from the owners of the work.

In conclusion, this is The "Fair Use" doctrine.

Find out more on The "Fair Use" doctrine at brainly.com/question/1268530.

5 0
2 years ago
Other questions:
  • The owner of a newspaper-stand wants to raise prices to increase revenue. There are a number of other newspaper-stands nearby. W
    5·1 answer
  • The unemployment rate is the: percentage of the total population that is unemployed. number of employed workers minus the number
    8·2 answers
  • Real property subject to a lien is referred to as:
    13·1 answer
  • Mark recently graduated with honors from his college. He has bragged to his friends that his academic performance has prepared h
    10·1 answer
  • Consider the following events:
    12·1 answer
  • The night before a midterm exam, you decide to go to the movies instead of studying for the exam. You score 60 percent on your e
    13·1 answer
  • *80 points* Introduce a blog owner (a company, organization, or school). Analyze a professional blog owned by a company or by a
    5·1 answer
  • What are the primary reasons food producers can increase profits by participating in a local direct market?
    10·1 answer
  • The Overland Company is preparing its cash budget for the month of June. The following information is available concerning its a
    8·1 answer
  • a customer of juice store returned merchandise with a cost of $25 and a selling price of $40. juice store gave the customer a ca
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!