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
Masja [62]
3 years ago
5

Jackson and Campbell have capital balances of $100,000 and $300,000, respectively. Jackson devotes full time and Campbell devote

s one-half time to the business. Determine the division of $150,000 of net income when there is no reference to division in the partnership agreement.
Business
1 answer:
drek231 [11]3 years ago
3 0

Answer:

the division of $150,000 will be $75000 and $75000.

Explanation:

2) since there is no reference to division of income in the partnership agreement then partnership income will distribute equally

so distribution = 150000/2 = 75000  

so, $ 150,000 will be distributed as $75000 and $75000 to Campbell and Jackson.

You might be interested in
Mary has a few specific items she would like to leave to her sister, Ann. She would like to leave the balance of her estate to h
k0ka [10]

Answer:

The residuary clause

Explanation: As Mary would like to leave the balance of her estate to her brother tom this will fall under the  residuary clause.

4 0
2 years ago
High SchoolBusiness7 days ago Canada has a market economy. As such, Canada's economy (relative to centrally planned economies) t
kati45 [8]

Answer:

D) productive efficiency and allocative efficiency but not necessarily equity.

Explanation:

Countries that have a market economy are capitalistic countries and those that favor command economies (centrally planned) are called socialist countries. No country is totally capitalistic (since governments, taxes, regulations, etc., exist), and no country is totally socialist either. But countries are classified depending on which economic system they favor.

Canada favors free markets, and by doing so, it allows market forces to allocate resources. Consumers are free to decide what to buy and at what price, and producers are free to decide what to sell and at what price. Since private actors are free to decide how to allocate resources, they are allocated more efficiently.

But the negative aspect of capitalism is that income and wealth distribution is very unequal.

7 0
3 years ago
Marshall's & Co. purchased a corner lot in Eglon City five years ago at a cost of $640,000. The lot was recently appraised a
Gala2k [10]

Answer:

$1,780,000

Explanation:

The computation of the initial cash flow for this building project is shown below:

= Estimated building cost + appraised cost of the lot

= $1,110,000 + $670,000

= $1,780,000

Simply we added the estimated building cost and the appraised cost of the lot so that the initial cash flow amount can come.

All other information which is given is not relevant. Hence, ignored it

3 0
3 years ago
Identify which of the factors below are better short-range predictors and which are better long-range predictors of movements in
alina1380 [7]

Answer:

Short range predictors:

c. Nominal interest rate differential

d. Psychological effects

e. Investor expectations

f. Bandwagon effect

Long range predictors:

a. Relative monetary growth

b. Relative inflation rates

Explanation:

Nominal rate, the real rate, and inflation. long term predictors of an economic theory in which a relationship between inflation, nominal interest rate and real interest rate is identified. It defines that real interest rate is equal to inflation minus nominal interest rate.

Bandwagon effect is a short range predictor because it is effect of uptake when people follow others. They take decisions what other do and its their belief that other people have taken the right decision so we too. This is just a short term hop based on beliefs regardless of any underlying evidence.

8 0
3 years ago
The ____ is the amount earned on an investment for a given period of time.
hichkok12 [17]

Answer:

Investment income.

Explanation:

Investment income is income that comes from interest payments, dividends, capital gains collected upon the sale of a security or other assets, and any other profit made through an investment vehicle. Generally, individuals earn most of their total net income each year through regular employment income.

hope this helped broski =))

3 0
3 years ago
Other questions:
  • Many poverty scholars call for a modification of the poverty measure to reflect changing housing costs or to reflect the fact th
    8·1 answer
  • Please somebody help me
    14·1 answer
  • Preparing an Accounts Payable Schedule Pilsner Inc. purchases raw materials on account for use in production. The direct materia
    14·2 answers
  • According to the video, what are some things that Human Resources Managers do? Check all that apply.
    5·2 answers
  • Best’s Fried Chicken just took out an interest-only loan of $50,000 for three years with an interest rate of 8.15 percent. Payme
    13·1 answer
  • Chris has three options for settling an insurance claim. Option A will provide $1,500 a month for 6 years. Option B will pay $1,
    8·1 answer
  • If Frito Lay, an American snack company, opens a new manufacturing facility in Mexico and produces snacks which are distributed
    14·1 answer
  • In the real estate business, which professional’s primary role is to provide clients with the information they need to make info
    14·1 answer
  • Tony wants to pay off his credit card balances within 12 months. He is trying to decide if he should use his $1,000 in savings t
    9·2 answers
  • adelia bought 100 units at $15 each. The Company then sold 30 units at $25 each, and 50 percent was paid in cash. What amount wi
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!