A point inside the production possibilities curve represents -

A local dental partnership has been liquidated and the final capital balances are: Atkinson, capital (40% of all profits and los

Margarita [4]

Answer:

Cash distribution

Atkinson $20,000

Kaporale $0

Dennsmore $0

Rasputin $0

Explanation:

Computation of what should happen if Rasputin contributes additional cash of $20,000 to the partnership

Atkinson Kaporale Dennsmore Rasputin

Reported balances

$70,000 $30,000 $(42,000) $(58,000)

Capital contribution$0 $0 $0 $20,000

Adjusted balances

$70,000 $30,000 $(42,000) $(38,000)

Potential loss from Dennsmore and Rasputin(42,000+38,000=80,000) split on a 4:3 basis

(45,714) (34,285) 42,000 38,000

Adjusted balances

$24,286 $(4,285) $0 $0

Potential lossfrom Kaporale ($4,285)

(4,285) 4,285 $0 $0

Cash distribution $20,000 $0 $0 $0

Calculation for the potential loss

Potential loss from Dennsmore and Rasputin(42,000+38,000=80,000) split on a 4:3 basis

Dennsmore(4/7×80,000)= 45,714

Rasputin (3/7×80,000)=34,285

Therefore what should happen if Rasputin contributes additional cash of $20,000 to the partnership is that Atkinson will have cash of $20,000, Kaporale $0 , Dennsmore $0 and Rasputin will have cash of $0

3 0

3 years ago

An employee's net (or take-home) pay is determined by gross earnings minus amounts for income tax withholdings and the employee'

Korolek [52]

Answer:

d. portion of FICA taxes and any voluntary deductions.

Explanation:

The net pay or take-home salary is computed below:

= Gross earnings - income tax withholding - employee's portion of FICA taxes - voluntary deductions

The FICA tax comprises of medicare tax and the social security in which the contribution of both employer and employee is required.

So, after deducting the FICA taxes, deductions, and income tax withholding from the gross earning, the net income come

8 0

3 years ago

A large company is accused of gender discrimination in wages. The following model has been estimated from the company's human re

Klio2033 [76]

Answer: b) 19.32% more than females

Explanation:

According to the model for calculating how wages are paid to employees, there is a .1932 coefficient attached to being a male employee. This means that 0.1932 (19.32% ) is added to an employees salary if they are males. This simply means that males are getting paid 19.32% more than other employees in the company which is this case are females.

8 0

3 years ago

This level of relationship marketing seeks to build _______ bonds with customers. The firm keeps in touch with customers, finds

sertanlavr [38]

This level of relationship marketing seeks to build social bonds with customers.

<h3>What is marketing?</h3>

Marketing involves creating awareness about products offered by a company. It involves all activities, aimed at drawing the attention of potential customers to a product.

It is the process of getting people interested in a company's product or service.

Learn more about marketing here: brainly.com/question/6988222

#SPJ1

7 0

2 years ago

Several years ago Brant, Inc., sold $900,000 in bonds to the public. Annual cash interest of 9 percent ($81,000) was to be paid

gtnhenbr [62]

Answer:

The Journal entries are as follows:

(1) On December 31, 2016

Bonds payable A/c Dr. $154,040

Interest income A/c Dr. $14,070

Loss on retirement of debt A/c Dr. $49,000

To investment in bonds $198,870

To Interest expense $18,240

(To record consolidation entry)

(2) On December 31, 2018

Bonds payable A/c Dr. $158,884

Interest income A/c Dr. $13,761

Investment in Zack A/c Dr. $40,266

To investment in bonds $194,152

To Interest expense $18,759

(To record consolidation entry)

Workings:

Interest expense for December 31, 2016:

Book value = 20% of Bond liability (as per equity method)

= 0.2 × $760,000

= $152,000

Interest expense = 12% of Book value

= 0.12 × $152,000

= $18,240

Interest expense for December 31, 2016:

= 12% of Book value

= 0.12 × $156,325

= $18,759

7 0

4 years ago