Answer:
$17 gives 100 utils
So, $1 gives 100/17 utils
which implies that $20 gives (100/17)*20 = 117.65
So additional utils = $117.65 - $100 = $17.65
Hence, $17.65 is the additional utils
Explanation:
Answer:

Explanation:
Given
Probability of a person to not enter into a bar or ducking is 
Probability of a person to enter into a bar
(Probability of a person to not enter into a bar or ducking)
Substituting the given value, we get
Probability of a person to enter into a bar

Total three men attempts to enter into the bar and their course of action is independent of each others
Thus, probability of observing the first two walking into the bar and the third ducking will be equal to the product of individual probabilities

Answer:
C) $40,000 inventory basis, $15,000 JM basis.
Explanation:
JM distributed $80,000 worth of inventory, since Marcella has a 50% partnership interest, then half of the inventory belongs to her, $40,000 (= $80,000 / 2).
Since Marcella also received $10,000 in cash from JM, then her remaining basis in the partnership is:
$65,000 - $40,000 - $10,000 = $15,000
Answer:
E) 1, 2, and 3
Explanation:
A partnership is a very flexible business which is very easy to set up but has some disadvantages also and they include:
- partners have unlimited liability.- if losses are expected to continue, then the partners will probably decide to liquidate the partnership.
- risks of disagreements between the partners.- if the partners are incompatible and cannot agree upon the decisions that need to be made, the partnership will probably be liquidated
- if the partners decide to leave because they retire then the partnership will probably have to be liquidated unless a new partner replaces the one that leaves or the other partners buy his/her share of the partnership.