Answer: B. 137,500
Explanation: since there was no provision in their agreement on how profits are to be split,
The full profit after expenses will be split/shared equally for peace sake.
ie $275,000÷2 = $137,500
Also, following Subchapter S corporation; it requires that all the owners be treated the same way in terms of their shares of the firm’s operating profits, liquidation profits, and distributions of those profits.
Answer: The options are given below:
A. an increase in aggregate demand
B. an increase in national income
C. an increase in gross domestic product
D. decrease in the general price level
E. a decrease in employment
The answer is E. A decrease in employment.
Explanation: Contractionary Supply shock refers to a decrease in aggregate demand, thereby resulting in a decrease in both the price level and real Gross Domestic Product (GDP).
When this event occurs, the economy will enter into a recessionary gap which will lead to an underutilization of factors of production.
This will therefore lead to point whereby the demand for labor and input materials will be so low, and eventual laying off of workers, and in this situation, the workers will be willing to work for less wages and input prices will fall.
Answer:
Explanation:
The jetman is different from the skycar because: The jetman can only fit one passenger and you are exposed to the air versus in the skycar, it is enclosed.
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Answer:
Culver Corporation
Balance sheet as on December 31, 2017
Equity
Common Stock $758,700
Paid-in Capital in Excess of Par-Common Stock $208,400
Non-controlling Interest $36,200
Retained Earnings $122,300
Accumulated Other Comprehensive Loss <u>$153,200</u>
Total Equity <u>$1,278,800</u>
Explanation:
Equity accounts includes all the paid-in capital account common at par and excess of par and retained earning, non controlling interest and accumulated other comprehensive account.
The following account are non equity accounts, so these are not added to equity section of balance sheet.
Bonds Payable $108,400
Goodwill $60,900
Answer:
E. a conflict between Accline Cars and its dealers.
Explanation:
As for the information provided,
We know a vertical conflict refers to a kind of conflict between two different people in the same channel of sales, in which they are not on the same level.
The conflict between Accline cars and its dealers is a conflict in the same chain, in between two different people, and at two different positions.
This clearly demonstrates that the conflict is in between the supplier and the dealer, within the same chain representing a vertical chain.