Answer:
$20,000
Explanation:
For computing the Doug withdrawal amount, first, we have to compute the net income or net loss which is shown below:
Net income/loss = Revenue - expense
= $350,000 - $380,000
= -$30,000
Now Doug share in net loss = Net loss × (his share ÷ total share)
= - $30,000 × (2 ÷ 6)
= - $10,000
We knew that the Doug capital is $30,000 and his share in loss is $10,000
So, its withdrawal amount = $30,000 - $10,000 = $20,000
Answer:
C) Tangibles
Explanation:
The five variables of service quality are:
-
tangibles
- reliability
- responsiveness
- assurance
- empathy
The tangibles variable basically refers to the physical environment, the facilities, equipment, staff and other communication materials displayed by the store or restaurant.
<span>b. false is my answer</span>
Answer:
$660,000 and $975,000
Explanation:
We know that
Cost of goods sold = Opening inventory + Purchase - ending inventory
For Unimart, it would be
= $275,000 + $500,000 - $115,000
= $660,000
And, for Precision Manufacturing, it would be
= $450,000 + $900,000 - $375,000
= $975,000
We simply applied the above formula to find out the cost of goods sold
