Answer:
A. $24,000
Explanation:
The missing information is shown below:
Allen capital $60,000
Burns capital $30,000
Costello capital $90,000
For computing the balance of Burns’s capital account, first we have to determine the different amount which is shown below:
= Paid amount - Costello capital
= $100,000 - $90,000
= $10,000
This bonus amount would be deducted from the remaining partner's balances in the ratio of 3:2
For Burns, it would be
= $10,000 × 3 ÷ 5
= $6,000
So, the burns capital amount would be
= $30,000 - $6,000
= $24,000
Answer:
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Answer:
B. Teaser rate
Explanation:
Teaser rate also called introductory rate is an interest rate that is usually below market that last for a short period of time. It is the beginning rate placed on credit products. It is a form of discounted interest rate that is offered for a short period of time. The rate can be as low as 0% for that short period of time and goes back to the normal rate after the short period of time expires.
Answer:
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It is better to paint the garage this week as provide better relevant yield.
Explanation:
The 1,000 invested in the law mower ware sunk cost as it is already incurred. After this week we will be still be able to take jobs ralated to the lawn mower.
We must base our analysis in the future cost associate with each alternative.
These are the revenue of each job and the additional cost.
The transportation as they are equal to both alternative are disregarded.
