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).
Answer:
Therefore, competitive strategy is essential for the survival of the product in the market. Having a new competitive strategy to beat rival companies or their products by renaming or redesigning their products will help the company to be more profitable and create an image new on the market.
<span>The answer is d. quantity demanded equals quantity supplied</span>
Answer and Explanation:
Q2) Calculate the amount that should be reported as net cash flow from operating activities:
Account Receivables = $40
Depreciation = $ 60
Since there is an in Account Receivables therefore it will be negative
Since depreciation is a non cash expense, therefore, it will be added
$60 - $40 = $20 (Net Cash flow from operating activities)
Q3) Amount as net income:
Revenue = $170
Depreciation ($60)
Net Income = $110
Q4)
Net inome = $170
Depreciation = $60
Increase in Accounts Receivables = ($40)
Net Cash flow from operating activities = $190
The desire for a produsct class rather than for a specifik brand is called selective demand
