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Lapatulllka [165]
3 years ago
12

Bart contributes $100,000 to the Fish Partnership for a 40% interest. During the first year of operations, Fish has a profit of

$20,000. At the end of the first year, Fish has outstanding loans from the following banks. First Bank (recourse) $10,000 Second Bank (nonrecourse) 30,000 What is Bart's at-risk basis in Fish at the end of the first year? a. $112,000 b. $124,000 c. $108,000 d. $100,000
Business
1 answer:
barxatty [35]3 years ago
7 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
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Retained earnings represents: Multiple Choice Amount of cash available for paying dividends. Total assets minus total liabilitie
kotegsom [21]

Answer:

All net income, less all dividends, since the company began operations.

Explanation:

Retained Earnings are the retained profits that the company keeps with itself, for meeting any case of emergency or for growing company and thus, meeting the growing expenses.

Each year when company earns profits and then, it distributes its profits in the form of dividends, the balance remaining after paying the dividends is added to retained earnings.

Thus, the entire balance of these kind of profits not paid anywhere else and also not utilized is called retained earnings.

4 0
3 years ago
Suppose two firms are in a game​ situation, and they each must decide on a strategy regarding whether to select a high price or
swat32

Answer: Both to select low prices.

Explanation:

One of the vital goal of doing business is profit irrespective of the firm. Every business has to deal with funds and when funds is involved profit has to be made even while serving the client in satisfying conditions. The profit enables the firm to be ran smoothly; it's operations and have a reason to be said that their in business. Every firm ooks out for opportunities to make rofit while giving their best. According to the paragraph profits are high when the price of the commodity is reduced, each firm will reduce it's pricing to ensure they make profit.

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3 years ago
PLEASE HELP!
lyudmila [28]

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8 0
3 years ago
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Phil wanted the computer that amy had, so he just took it. this is an example of distribution by _____ . force contests lottery
Citrus2011 [14]
The correct answer that would best complete the given statement above would be the first option: FORCE. <span>Phil</span><span> wanted the computer that Amy had, so he just took it. This is an example of distribution by force. Distribution by force often happens when someone is getting more if they have more power. This kind of distribution often leads to conflict. </span>
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In a portfolio problem, X1, X2, and X3 represent the number of shares purchased of stocks 1, 2, and 3, which have selling prices
vaieri [72.5K]

Answer:

The correct solution is "x_1 \leq 0.35 (x_1 + x_2 + x_3)".

Explanation:

According to the question,

Let,

For stock 1,

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For stock 2,

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For stock 3,

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then,

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i.e., x_1+x_2+x_3

Thus the correct equation is "x_1 \leq 0.35(x_1+x_2+x_3)".

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