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yuradex [85]
3 years ago
13

The capital account balances for Donald & Hanes LLP on January 1, 2011, were as follows:________.

Business
1 answer:
alukav5142 [94]3 years ago
5 0

Answer:

D. $176,000

Explanation:

Since there is a new investment made by May. So now the total capital balance is

= $200,000 + $100,000 + $100,000

= $400,000

Given that

May interest is 35% so it would be

= $400,000 × 35%

= $140,000

And, only $100,000 is paid by May

So the extra amount would be termed as a bonus and it should be taken by the existing partners in their profit loss sharing ratio

So, the balance of Donald capital  is

= $200,000 - $40,000 × 3 ÷ 5

= $200,000 - $24,000

= $176,000

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stellarik [79]

Answer:

Go to the room beforehand and figure out what technology he needed to bring.

Explanation:

In bussiness presentation you wont always expect your client to provide you with the technology needed to give the presentation. It is best for you to ask and then come prepared rather than go empty handed.

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3 years ago
Why should policies that attempt to create a ladder of opportunity be carried out in the spirit of open-mindedness? Select all t
OverLord2011 [107]

Answer:

b. Such policies have the potential to equalize society.

Explanation:

Open mindedness policy means giving fair and equal opportunity to all and sundry without being bias. When considering open mindedness policy, information is shared to everyone without considering race, religion background or educational qualifications.

Open mindedness accepts people from diverse background and tends to listen first before judging. It also consider opinions from all side without segregation. Although this is the right thing expected but the result is usually not the case.

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4 0
3 years ago
define a stock market bubble, describe what happens after a bubble, and explain how the law of supply and demand creates both bu
Stells [14]

Answer

<u>A bubble is a phenomena in investing that occurs when investors increase their demand in assets so much that they cause the price to move to a value beyond accurate reflection of its actual worthiness</u>. When a bubble happens, <u>the prices of stock will fall rapidly</u>.When there is increase in the share price of stock rapidly caused by individual-perpetuating, the share value can rise beyond asset value making investor to withdraw their money faster because <u>supply will exceed demand and cause share price to fall.</u>

An increase demand on assets by investors will make the price to increase beyond rational economic value. The real worth of the stock will now be determined by firm’s performance. Investing in bubble can appear to last forever, but because they are formed by self-perpetuated reasons, they eventually fall and the money that was invested into them is lost. In such cases, investors would run to withdraw their money and avoid the loss of fall in share prices.

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2 years ago
Use the following to answer question 10: Presented below is information related to ABC Corporation: Common Stock, $1 par Paid-in
lutik1710 [3]

Answer:

Explanation:

Calculation to determine what The total stockholders' equity of ABC Corporation is

Using this formula

Total stockholders' equity

=Common Stock+Paid-in Capital in Excess of Par—Preferred Stock + Paid-in Capital in Excess of Par—Common Stock + Preferred Stock, + Retained Earnings -Treasury Common Stock (at cost)

Let plug in the formula

Total stockholders' equity=$3,500,000 + 400,000 + $550,000 + $2,000,000 + $1,500,000 - $150,000

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Therefore The total stockholders' equity of ABC Corporation is $7,800,000

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3 years ago
What is the difference between total output and labour productivity?
harina [27]

Answer:

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