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
vfiekz [6]
3 years ago
9

During the liquidation of the fgh partnership, a cash distribution was made to all the partners, who share profits and losses 60

percent, 20 percent, and 20 percent, respectively. assuming that the cash distribution referred to was made properly, how much would g receive if an additional $60,000 was distributed?
Business
1 answer:
allsm [11]3 years ago
8 0
During the liquidation of the fgh partnership, a cash distribution was made to all the partners, who share profits and losses 60 percent, 20 percent, and 20 percent, respectively. assuming that the cash distribution referred to was made properly, how much would g receive if an additional $60,000 was distributed?
<span>$12,000</span>
You might be interested in
CAN SOMEONE PLEASE HELP ME WITH MY ECONOMICS CLASS I BEEN STRUGGLING ON IT PLEASEEE HELP ME !!!!
vitfil [10]

Answer:

can u tell me what it is and I'll help

8 0
3 years ago
Countries with free market economies in which property rights are protected tend to have _____ than command economies or economi
FinnZ [79.3K]
<span>Countries with free market economies in which property rights are protected tend to have </span>greater economic growth rates <span>than command economies or economies where property rights are poorly protected.
</span><span>The reason is the lack of infrastructure and supporting business in primitive or undeveloped economies, which may lead to situation in which is more costly to do business.  </span>
4 0
2 years ago
A buyer purchased a new residence for $175,000. The buyer made a down payment of $15,000 and obtained a $160,000 mortgage loan.
Naily [24]

Answer:

Buydown, is the right answer.

Explanation:

This is a buydown mortgage arrangement because in the buydown financing technique the buyer tries to take lower interest rates in the initial year of the loan period. Moreover, some mortgage lenders provide buydown discounts or points as part of their promotion. Secondly, the builder pays the initial payment to the mortgage institution that results in the lower buyer’s payment.

3 0
3 years ago
Julie Convenience Store sold merchandise for cash to a customer, and recorded a debit to Cash for $371, which included a 6% Sale
nlexa [21]

Answer:

C) credit Sales Tax Payable for $21

Explanation:

Based on the information given In the same transaction, they must also CREDIT SALES TAX PAYABLE FOR $21 Calculated as:

First step is to calculate the sales tax element

Sales tax element = $371*6/106

Sales tax element= $21

Now let calculate what the Price exclusive of sales tax would be

Price exclusive of sales tax=$371-$21

Price exclusive of sales tax= $350

The correct journal entry should be:

Dr Cash $371

Cr Sales revenue $350

($371-$21)

Cr Sales tax payable $21

3 0
3 years ago
why should MTN scan the global business environment as well as the macro environments of angola and ethiopia prior to their deci
adelina 88 [10]

Answer:

Explanation:

MTN is a telecommunication company, that establish in various places. Angola and Ethiopia are two new countries MTN they are looking into for establishment and a scan is done for the global environment this is to enable them have an overview of the business environment, the environment have not been penetrated by a telecommunication company hence a scan is needed.

There may be need for more facilitators of telecommunications this can be identified during the scan

Hence, the scan is like a survey that helps point out the need of the environment and it also help them have a structure plan.

8 0
3 years ago
Other questions:
  • Ignacio, Inc., had after-tax operating income last year of $1,197,000. Three sources of financing were used by the company: $2 m
    6·1 answer
  • Jon needed to purchase new tires for his SUV. He consulted Consumer Reports to see how the various brands were rated. Jon consul
    10·1 answer
  • Suppose that for the population of uncg students, the mean of gpa is 3.46 and the median of gpa is 3.02. if you randomly select
    13·1 answer
  • Suire Corporation is considering dropping product D14E. Data from the company's accounting system appear below: Sales $740,000 V
    13·2 answers
  • Kevin and Bob have owned and operated SOA as a C corporation for a number of years. When they formed the entity, Kevin and Bob e
    13·1 answer
  • 3. When Wassily Leontief tested the predictions of the Heckscher-Ohlin theory, he found that in 1947 the United States was expor
    12·1 answer
  • You wish to make a deposit and have these bills: 11 ones, 4 fives, 4 tens, and 4 twenties. You also have 6 nickels, 12 dimes, an
    12·1 answer
  • How can being involved in extracurricular activities help you stand out on your college application?​
    13·1 answer
  • What determines the foreign exchange rate?
    8·1 answer
  • Colil Computer Systems, Inc., manufactures printer circuit cards. All direct materials are added at the inception of the product
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!