Answer:
The answer is: Edgar will receive $37,000
Explanation:
- Dowd's share of the company's losses is $80,000
- Edgar's share of the company's losses is $60,000
- Frost's share of the company's losses is $40,000
- Grant's share of the company's losses is $20,000
But since Grant is not willing to give more money to the partnership to cover his losses, the $9,000 difference must be divided by the remaining three partners. So they will divide Grant's losses as follows:
- Dowd's share of the Grant's losses is $3,600
- Edgar's share of the Grant's losses is $2,700
- Frost's share of the Grant's losses is $1,800
Then you add up all the losses the three remaining partners had:
- Dowd' total losses $83,600
- Edgar's total losses $62,700
- Frost's total losses $21,800
So when the partnership was dissolved, Edgar should have received $100,000 (capital) - $62,700 (total losses) = $37,200
I selected answer A since they probably rounded down Edgar's share to $37,000 (nearest possible choice).
my question is why do we need to do it i know you asked nicely but i just wanna know
Answer:
C) twelve weeks of unpaid family or medical leave during any twelve-month period.
Explanation:
The Family and Medical Leave Act of 1993 provides employees with temporary medical leave when:
- their child is born (or they adopt a child) and they must take care of him/her
- if their spouse (husband or wife), child under 18, or parent has a serious health condition
- when the employee himself/herself has a serious medical condition and cannot work
Answer: equals sales revenue minus variable costs
Explanation: In simple words, contribution margin refers to the amount of revenue that an organisation is left with after paying for the variable expenses that are incurred for the generation of such revenue.
It is an important aspect of an organisation as it somehow depicts the ability of it to pay its fixed expenses like interests etc.
Pls type in english... Question not understandable
