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zvonat [6]
3 years ago
10

Partner A has a capital balance of $20,000 and devotes full time to the partnership. Partner B has a capital balance of $30,000

and devotes half time to the partnership. If no other information is available regarding distributions, in what ratio is net income to be divided?
1. 3:5
2. 1:1
3. 2:3
4. 1:2
Business
1 answer:
gtnhenbr [62]3 years ago
4 0

Answer:

The ratio of net income distribution

= $20,000: $30,000

= 2:3

Explanation:

The ratio of income distribution is the ratio of capital contributed by each partner. A contributes $20,000 while B contributes $30,000. The ratio of net income distribution is 2:3.

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Explanation:

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She has savings of $2000 and trade in of $800 or in other words she has $2800. She needs to borrow $16200 (19000-2800)

Also, she wants monthly payment to be $282. To find which answer fits best, let's check each of them.

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C) APR = 7.8%; monthly 0.65%

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3 years ago
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What is one way that the government cannot prevent a budget deficit?
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On March 31, 2019, the balances of the accounts appearing in the ledger of Racine Furnishings Company, a furniture wholesaler, a
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Answer:

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Explanation:

<u>Racine Furnishings Company </u>

<u>Multi Step Income Statement </u>

<u>For the Year Ended March 31, 2019</u>

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Net Income                                       $66100

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