In a society with a market economy, property rights are generally enforced by

I username is BIuebunny165

Nostrana [21]

Answer:

ok

Explanation:

3 0

3 years ago

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Estimated expenses of liquidation were $10,000. Henry, Isaac, and Jacobs shared profits and losses in a ratio of 2:4:4. Before l

stealth61 [152]

<u>Solution and Explanation:</u>

The total amount of cash available for safe payments would be $25,000 (90,000 - 60,000 - 5,000). This amount will be distributed between Henry and Jacobs in the ratio of 6:4 meaning that $15,000 (25,000*60%) will be given to Henry and $10,000 (25,000*40%) will be given to Jacobs.

The value of $120,000 will be distributed to the partners as follows:

Henry Issac Jacobs

Equity 80,000 110,000 140,000

Less Loss on Assets 36,000 72,000 72,000

Liquidation Expenses 1,000 2,000 2,000

Balances 43,000 36,000 66,000

Less Distribution

of Safe Payments to Partners 15,000 0 10,000

Net Balances $28,000 $36,000 $56,000

4 0

3 years ago

Which of the following falls outside of the classification of business expenditures that fall into the category of variable cost

yuradex [85]

The option that falls outside of the classification of business expenditures that fall into the category of variable costs is option C. costs of research and development. Read below about costs of research and development.

<h3>What is a costs of research and development?</h3>

These are costs taken to develop new products or processes that may or may not result in commercially viable items. The general rule is that research and development costs are to be expensed immediately when the costs are incurred.

Therefore, the correct answer is as given above.

learn more about costs of research and development: brainly.com/question/18685415

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4 0

2 years ago

YoYo Fashion December 31, 2013 balance sheet showed total common equity of $5,500,000 and 250,000 shares outstanding. During 201

abruzzese [7]

Answer:

$23.6 per share

Explanation:

Given that,

Total common equity = $5,500,000

Shares outstanding = 250,000

Net income = $525,000

Dividends paid out = $125,000

Total value at the end:

= Total common equity + Net income - Dividends paid out

= $5,500,000 + $525,000 - $125,000

= $5,900,000

Therefore,

Book value per share at 2014 year end:

= Total value at the end ÷ No. of shares outstanding

= $5,900,000 ÷ 250,000

= $23.6 per share

7 0

3 years ago

Each of the following is an example of a significant noncash activity except Group of answer choices conversion of bonds into co

Maurinko [17]

Answer: stock dividends

Explanation:

Noncash investing and financing activities are simply referred to as the significant investing and financing activities which doesn't affect cash directly.

The activities involved here include, stockholders equity etc. and they are typically found at bottom of cash flow statement.

Based on the options given, the example of a significant noncash activity will include conversion of bonds into common stock, exchanges of plant assets and the issuance of debt to purchase assets.

Therefore, the correct option will be stock dividends.

4 0

3 years ago