Answer:
$42,700 cash is available for distribution
Explanation:
In order to calculate the cash available for sharing, we will first identify the debit and credit transactions. Debit transactions are expenditures, while credit transactions are incomes, hence we need to calculate the difference between the income and the expenditure.
Available cash = Everett (credit) - Miguel (debit) + Ramona (credit)
Available cash = 52,800 - 47,500 + 37,400 = $42,700
Therefore $42,700 is available in cash for distribution to the partners
Answer:
The answer is: D) less than average variable cost.
Explanation:
If a company shuts down its production temporarily (not permanently), it will stop receiving revenue from the goods it used to produce but at the same time it will not be spending any money on variable costs. The company will suffer losses equivalent to its fixed costs (e.g. depreciation costs, rent, etc.).
A company decides to shut down its production when the revenue it receives from selling its products doesn't even cover their variable costs. That means it is losing money by producing its goods.
The appropriate response is the Civil Rights Act of 1968. It is a milestone part of enactment in the United States that accommodated break even with lodging openings paying little mind to race, religion, or national starting point and made it a government wrongdoing to "by constrain or by danger of compel, harm, scare, or meddle with anybody by reason of their race, shading, religion, or country.
Answer:
A. when the owner defaults on the loan payment
Borrower must pay off loan
