Answer:
C. $60,000
Explanation:
For computing the Erin investment, we have to assume the things which is shown below:
Let us assume Erin investment be X
We know that Erin would contributed 1 ÷ 4 investment in partners capital
So, the equation would be
1 ÷ 4 × ( $140,000 + $40,000 + X) = X
1 ÷ 4 × ($180,000 + X) = X
$45,000 + 1 ÷ 4X = X
So, $45,000 = 3 ÷ 4X
So, X = $45,000 × 4 ÷ 3
= $60,000
Answer: Subsequent events
Explanation:
Reviewing transactions is what gives accountability in organization, without this organizations would not know when they are running at a loss or making gains. The best time to do this is at the end of yearly transactions, the procedure required to verify this transactions are referred to as subsequent events, meaning events that happened as time went on.
This act is carried out most times by auditors
Answer:
the more money that you save over time the more money you will have to buy nicer things... and if you keep spending money on stupid things you wont have enough money to buy more expensive things if you will.
Explanation:
They can begin by implementing an enterprise resource planning system. They may also focus on corporate social responsibility. Implementing a balanced scorecard approach and using activity based costing are also methods that this company can use to bring down their costs.