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ahrayia [7]
2 years ago
4

The financial records of ABC Partnership reflect the following capital account balances:

Business
1 answer:
GrogVix [38]2 years ago
8 0

Answer: $150,000

Explanation:

Charles's capital account balance is worth $100,000 which is exactly the amount of cash that will be given to him when he exits the partnership. There ware no bonuses to be given as a result.

Because of this, the other partners will keep the same capital account balances as before Charles left. Had it been that they had to pay Charles more than what his account balance was worth, the bonus would have been paid by the two remaining partners from their capital account balances.

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In 1948, the Chicago Daily Tribune wrongly predicted that Republican Thomas E. Dewey would beat incumbent President Harry S. Tru
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2 years ago
Which of the following will not cause demand for apples to increase or decrease? a reduction in the price of apples. a reduction
zubka84 [21]

Answer: Option (A) is correct.

Explanation:

Any change in the demand for a good occured due to the change in the other factors expect price of that good then this change is known as either increase in demand or decrease in demand.

And if any change in demand for a good occured due to the change in the price of that good, other factors remains constant, then this change is known as either increase in quantity demanded or decrease in quantity demanded.

Therefore, reduction in the price of apples will not cause the demand for apples to increase or decrease.

6 0
2 years ago
A couple will retire in 50 years; they plan to spend about $22,000 a year in retirement, which should last about 25 years. They
Serga [27]

Answer:

Annual deposit= $2,803.09

Explanation:

<u>First, we need to calculate the monetary value at retirement:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual payment

FV= {22,000*[(1.08^25) - 1]} / 0.08

FV= $1,608,330.68

Now, the annual deposit required to reach $1,608,330.68:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (1,608,330.68*0.08) / [(1.08^50) - 1]

A= $2,803.09

3 0
1 year ago
What is the value of a stock which has a current dividend (D0) of $1.50, and is growing at the rate of 7%
Fofino [41]

Answer: $32.10

Explanation:

Here is the complete question:

What is the value of a stock which has a current dividend (D0) of $1.50, and is growing at the rate of 7%? The investor's required rate of return is 12%. a. $26.75

b. $30.00

c. $32.10

d. $21.42

e. $13.38

Current dividend =D0 = $1.50

Growth rate = g= 7% = 0.07

D1 = D0 × (1+g)

D1 = $1.50 × (1 + 0.07)

= $1.50 × 1.07

= $1.605

The value of the stock will then be:

P0 = D1 / (r - g)

P0= $1.605/(0.12 - 0.07)

P0 = $1.605 / 0.05

P0 = $32.10

4 0
1 year ago
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