1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
NeTakaya
3 years ago
15

Sadie and Sam share income equally. For the current year, the partnership net income is $40,000. Sadie made withdrawals of $14,0

00 and Sam made withdrawals of $15,000. At the beginning of the year, the capital account balances were: Sadie, Capital, $42,000; Sam, Capital, $58,000. Sam's capital account balance at the end of the year is____________.
Business
1 answer:
4vir4ik [10]3 years ago
8 0

Answer:

Explanation:

Beginning capital balance(Sam)  $58000

+ Currnt year income ( $40000 / 2 = $20000) $20000

[Devide by 2 because they share income]

- Sam's withdrawal  ($15000)

Sam's capital balance = 58000+20000-15000 = $63000

You might be interested in
Suppose all firms follow similar financing policies, face similar risks, have equal access to capital, and operate in competitiv
sleet_krkn [62]
The answer is false!
6 0
3 years ago
Read 2 more answers
Even when competitive firms are unable to calculate marginal revenue product directly, _________________________________________
GenaCL600 [577]
Even when competitive firms are unable to calculate marginal revenue product directly, the pressures of competition in the labor market will push wage rates toward the marginal revenue product of labor. 
By comparing the marginal revenue<span> and </span>marginal<span> cost from each unit produced, a </span>firm<span> in a </span>competitive<span> market can </span>determine<span> the </span>profit<span>-maximizing level of production.</span>
5 0
3 years ago
Read 2 more answers
Joanne owns a bakery that has been in business for over three years. Lately, she hasn't
denpristay [2]

Answer:

She shouldmove maybe 1 of the employees as manager that manages the taxes and general paperwork and give the employees what to do each week or just each shift if thats working but it doesnt seem too productive

Explanation:

7 0
3 years ago
in an audit of inventories, an auditor would least likely verify that all inventory owned by the client is on hand at the time o
Kruka [31]

In an audit of inventories, an auditor would least likely verify that all inventory owned by the client is on hand at the time of the count.

An auditor no longer assumes all inventories to which the auditee has a name to be available a the date of the depend. A few bought goods may also still be in transit at that time. Additionally, some stock may be on consignment or in public warehouses through properly included in the county.

An audit is an "impartial exam of monetary statistics of any entity, whether or not profit oriented or now not, no matter its size or legal form whilst such an exam is performed so one can explicit an opinion thereon.”

An auditor is a person or a firm appointed with the aid of an employer to execute an audit. to act as an auditor, someone should be licensed by means of the regulatory authority of accounting and auditing or possess sure detailed qualifications.

Learn more about audit here brainly.com/question/24317218

#SPJ4

6 0
2 years ago
Critically analyse the difference and the point of convergence between floor inspection and functional inspection
olasank [31]

Answer:

The overview of the give scenario is described in the explanation section below.

Explanation:

  • The distinction between Floor as well as Function Inspection was that these techniques are being used to eliminate and locate faulty materials until the identical happens in manufacturing. Quality is the key objective of both processes, where expectations are reviewed and evaluated to ensure that the operation is carried out correctly.
  • The differences between the parties would be that the system in the Floor Inspection needs to be checked the content in the process mostly on the machine rather than at the beginning of manufacture to ensure that every device or floor is functioning correctly. This would be to ensure that the industrial automation expenses will not go out and then go hand in hand as well as the fault could've been readily identified.
  • But from the other side, the Functional evaluation could have the primary purpose verified, which is something the brand is motivated to deliver. For example, an electric motor could've been verified if it has the correct performance and reliability. It doesn't inform us more about the difference throughout all sections, but somehow it provides everyone a wider understanding of both the happiness that comes from inspecting the very same item.

4 0
3 years ago
Other questions:
  • Your company currently has par, coupon bonds with 10 years to maturity and a price of . If you want to issue new 10-year coupon
    13·1 answer
  • Big John's Manufacturing Company currently produces its lead product on an "Old Machine" that has a variable cost of $0.32 per u
    11·1 answer
  • The law of demand applies most directly to which group?
    13·1 answer
  • If a store uses a selling price-based markup of 40%, and an item costs the store $300, what selling price would the store set fo
    6·1 answer
  • Suppose that the labor market for life guards is initially in equilibrium. Then swimming pool owners adopt a new labor-saving te
    10·1 answer
  • As a person consumes more of a good or service, the person's _____ will increase. At the same time, this person's _____ will dec
    12·1 answer
  • Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ
    11·1 answer
  • Given that Jacob's Chocolates Company had beginning retained earnings of $4,000; net income during the period of $10,000; and di
    7·1 answer
  • Organizations with low turnover and satisfied employees tend to perform better. On the other side of the coin, organizations hav
    14·1 answer
  • List three (3) Safety measures the cashier must take into consideration when doing/making a lodgment at any Financial Institutio
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!