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Neko [114]
3 years ago
10

1. The DE partnership is undergoing an installment liquidation. Partners D and E share income in a 3:2 ratio and have current ca

pital balances of $60,000 and $80,000, respectively. No loans are receivable from or payable to partners. After outside creditors are paid, if $50,000 in cash becomes available for distribution to the partners, how is it distributed? A. $50,000 to D; $0 to E B. $6,000 to D; $44,000 to E C. $30,000 to D; $20,000 to E D. $12,000 to D; $38,000 to E
Business
1 answer:
xz_007 [3.2K]3 years ago
8 0

Answer:

The correct answer is option (C):

$30,000 to D; $20,000 to E

Explanation:

The key to solving this problem is to take not of the ratio at which income are shared which is 3:2 for partners D and E respectively. This means that out of every 5 parts (3 + 2), partner D gets 3 parts and the remaining 2 parts is for partner E.

Amount available to be shared = $50,000

Therefore amounts each partner gets is calculated thus:

Partner D:

3/5 of 50,000

= 3/5 × 50,000 = 0.6 × 50,000 = $30,000

Partner E:

2/5 of 50,000 = 0.4 × 50,000 = $20,000

hence partner D gets $30,000 while partner E gets $20,000

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Arisa [49]

Explanation:

In this case, Nike is incorporating corporate governance into its business model, which is defined as a model for managing companies using the best market practices, using transparency, equity and social and environmental responsibility as essential parameters.

Companies today are no longer perceived by society as merely profitable entities, it is a social demand that companies assist in the development of society and minimize their impacts on the environment.

When companies develop programs to support society and sustainability, it guarantees the advantages of being better positioned in the market, attracting more investors, adding more value to its products and services and gaining a strategic and competitive advantage in the market.

5 0
3 years ago
The american federation of teachers represents an industrial union.<br> a. true<br> b. false
aleksklad [387]

The American federation of teachers represents an industrial union. The answer is true .

                                                                                                                         The American Federation of Teachers (AFT) is a national organization that represents more than one million public school teachers, academic staff at higher education institutions, government workers, nurses, healthcare providers, paraprofessionals, and other people working in the education sector. The American Federation of Labor and the Congress of Industrial Organizations (AFL-CIO), a coalition of trade and industrial organizations that collectively represent more than thirteen million people, is a member of which the AFT is a part. The union strives to "better our members' and their families' lives, give voice to their legitimate professional, economic, and social objectives, and enhance the institutions in which we work, among other goals.", to improve the quality of the services we provide, to bring all members together to assist one another," as stated in the AFT Futures II Report, which was adopted on July 5, 2000.

Learn more about industrial union here.

brainly.com/question/28202804

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3 0
2 years ago
Konan, Inc. needs to determine its inventory value. The following information pertains to the individual products in ending inve
cluponka [151]

Answer:

$2

Explanation:

The computation is shown below:

As we know that

Net realizable value = Selling price − Cost of completion

= $ 60 - $10

= $50

And, the cost of the item M-23 is $52

So, the write down of inventory value of the item M-23 is

= Cost of the item - net realizable value

= $52 - $50

= $2

We simply deduct the cost from the net realizable value so that the write down value could come

3 0
4 years ago
A consumer has taken their elderly parent to a new Gerontology clinic. After leaving they wonder if they made the right choice i
saw5 [17]

Answer:

True

Explanation:

In psychology, the term cognitive dissonance refers to the <u>stress (psychological) that one person experiences when they hold two opposite values or ideas, also, they experience cognitive dissonance when they participate in an action that goes against their values or ideas</u>, creating stress.

In this example, a person took their elderly parent to a Gerontology clinic, after leaving they wonder if they made the right choice. We can see that <u>they might have done something that went against their values or ideas (taking parents to a Gerontology clinic) and the person is starting to wonder if what they did was right and is experiencing psychological distress.</u> Therefore, this is an example of cognitive dissonance.

8 0
3 years ago
emergency repairs or additional supervisors for an unanticipated second shift will fixed overhead spending variance. multiple ch
zheka24 [161]

Emergency repairs or additional supervisors for an unanticipated second shift will likely lead to an unfavorable fixed overhead spending variance.

Accounting fees, advertising, insurance, interest, legal fees, labor burden, rent, repairs, supplies, taxes, phone bills, travel expenses, and utilities are examples of overhead expenses. Administrative overheads and manufacturing overheads are the two main types of business overheads.

Overhead costs, also known as overhead or operating expenses, are expenses associated with running a business that is not directly related to the creation or production of a product or service. They are the expenses incurred by the company to remain in business, regardless of its level of success.

To know more about overhead spending, click here.

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6 0
1 year ago
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