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
Fantom [35]
3 years ago
14

Maxwell and Smart are forming a partnership. Maxwell is investing a building that has a market value of $89,000. However, the bu

ilding carries a $47,000 mortgage that will be assumed by the partnership. Smart is investing $38,000 cash. The balance of Maxwell's Capital account will be:
a. $51,000
b. $89,000
c. $47000
d. $42,000
e. $80,000
Business
1 answer:
gogolik [260]3 years ago
6 0

Answer:

The correct option is D,$42,000

Explanation:

The balance on Maxwell capital account=market  value of building contributed less the mortgage on the building

market value of the building is $89,000

Mortgage on the building is $47,000

balance on Maxwell capital account=$89,000-$47,000

balance on Maxwell capital account=$42000

The correct option is D.

Care must taken so that one does include the cash of $38,000 contributed by Smart in Maxwell's capital account balance calculation,otherwise one would have concluded that option  E,$80,000($42,000+$38,000)

You might be interested in
What could be two reasons why the data might not support the hypothesis?
Degger [83]
Below are the <span> two reasons why the data might not support the hypothesis:
</span><span>
1) The hypothesis was wrong 
2) The data is wrong

A hypothesis is a proposed thought that may clarify a perception or marvels. It is confirmed by testing it. In the event that the information bolsters the theory, at that point, we view the speculation as checked and genuine. Assuming, be that as it may, the information does not bolster the speculation or discredits it, at that point the theory is in a bad position, and we need to concoct an alternate speculation to clarify the perceptions.
</span>
7 0
3 years ago
Economists refer to the process of proactive consumers choosing to either exit from a sale or to voice their dissatisfaction wit
Andre45 [30]

Economists ask the process of proactive consumers choosing to either exit from a sale or to voice their dissatisfaction with a product as-----expressing disapproval.

What does one mean by customer dissatisfaction?

Customer dissatisfaction is the antithesis of customer satisfaction. It happens when customer expectations aren't only not meant, but also when the corporate fails to do anything about the complaint.

for instance , 74 percent of consumers say they will forgive a company for its mistake after receiving excellent service.

<h3>Why is customer satisfaction important?</h3>

The importance of customer satisfaction cannot be overstated. there's a direct correlation between how happy customers are and how much money a business makes. Your customer satisfaction score (CSAT) affects repeat purchases rates and customer loyalty, word of mouth referrals, and helps to tell business decisions

.Learn more about customer satisfaction:

brainly.com/question/7943284

#SPJ4

7 0
1 year ago
In 2009, Modern Electronics, Inc. produced 60,000 calculators, employing 80 workers, each of whom worked 8 hours per day. In 201
denis-greek [22]

Answer:

a.  Production decreased by 4 percent

Explanation:

In 2009, production: 60,000 units

Hours worked per day: 80x8= 640 hours

Productivity= 60,000/640 hours =93.75 units per day

In 2010: production: 76 500 units

Hours worked per day= 85x10= 850 hours

productivity= 76,500/850= 90  units per day

In 2010, production decreased by 3.75 per day. (93.75-90.00)

percentage decrease= (3.75/93.75) x 100=4

In 2010 production decreased by 4 percent

4 0
3 years ago
The fed can increase the federal funds rate by
Stella [2.4K]

The answer is selling Treasury bills, which decreases bank reserves. The government securities that are used in open market processes are Treasury bills, notes or bonds. If the FOMC needs to grow the money supply in the economy it will acquire securities. On the other hand, if the FOMC wants to decrease the money supply, it will vend its securities.

5 0
3 years ago
Which of the following would be an effective approach for encouraging authentic feedback? A. Defend yourself if you disagree wit
sergey [27]

Answer:

C. Ask for feedback only when you are open to hearing it.

Explanation:

Feedback refers to providing the information gathered after evaluating any specific action or event. Providing authentic feed-backs helps in promoting and improving the better quality of the original topic. It is more personalized and user-oriented. There are various ways by which authentic feed-backs can be given. Through messaging, writing, discussing over calls, and conversations over video calls helps in providing authentic feedback. Asking for feedback should be initiated by the person only when the person is willing to listen and acquire those feed-backs is an effective approach for encouraging authentic feedback.

6 0
3 years ago
Other questions:
  • The balance in the prepaid insurance account, before adjustment at the end of the year, is $18,290. The year end is March 31. Jo
    9·1 answer
  • Before the year​ began, Butler Manufacturing estimated that manufacturing overhead for the year would be​ $176,400 and that​ 13,
    11·1 answer
  • A group health plan that saves you money on health insurance is an example of a/an _____.
    6·2 answers
  • Calculate the defects per million opportunities (DPMO) given the following: Blake, owner of Blakester's T-shirt Shoppe, keeps tr
    15·1 answer
  • Jim sells college textbooks. To date Jim has sold $141,002 worth of textbooks. His sales quota is $194.159. Tomorrow he expects
    12·1 answer
  • Discount Travel has the following current assets: cash, $102 million; receivables, $94 million; inventory, $182 million; and oth
    11·1 answer
  • Office supplies at the beginning of 2021 total $980. On August 15, Wolverine purchases an additional $3,200 of office supplies,
    9·1 answer
  • What is the approximate yield to maturity and the exact yield to maturity (use a calculator) for the $1,000 semi-annual bond? As
    8·1 answer
  • Class time. Process Costing C50 points) Our company manufactures Chemical X. Assume the company uses weighted average. Separate
    10·1 answer
  • Katherine is purchasing a second home as an investment/vacation property. She has a large down payment, and the seller is financ
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!