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LuckyWell [14K]
3 years ago
9

Three partners are liquidating and have capital balances as follows: Mia $5,000; Carlyle $9,000; and Roger ($3,000). Roger will

pay back his deficiency. The entry to record this transaction will include a (debit/credit) ________ to Roger, Capital in the amount of _______.
Business
1 answer:
tekilochka [14]3 years ago
5 0

Answer: credit; $3000

Explanation: Three partners are liquidating and have capital balances as follows: Mia $5,000; Carlyle $9,000; and Roger ($3,000). Roger will pay back his deficiency. The entry to record this transaction will include a credit to Roger, Capital in the amount of $3000.

This is because he will have to credit $3000 so that he will be able to cover his deficit

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A consumer products company is analyzing data collected and published by trade associations and general business magazines. This
Vaselesa [24]

Answer:

External data.

Explanation:

External data are data collected outside an organization from different sources. The importance of external data can be to remain relevant and competitive. They get the company informed and updated about competitors. Collecting external data is also good for decision making.

5 0
3 years ago
Suppose a country's productivity last year was 84. If this country's productivity growth rate of 5 percent is to be maintained,
goldfiish [28.3K]

Answer:

88.2

Explanation:

Calculation for what the year's productivity will have to be:

Year's productivity=(84*(1+0.05))

Year's productivity=(84 * 1.05)

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Therefore this means that this year's productivity will have to be:88.2

8 0
3 years ago
Pam sees that the price of bananas has risen in the grocery store. All else equal, she decides to buy more tangerines than she n
Evgesh-ka [11]

Answer:

It means that tangerines are a substitute good to bananas

Explanation:

Substitute goods are goods that provide the same benefit for the consumer, and therefore, are somewhat interchangeable. When the price of one good rises, then, people flock to the substitutes.

In this case, for Pam, tangerines provide the same benefit as bananas (they are both fruits anyway), and because bananas are now more expensive, she decides to purchase more bananas instead.

6 0
3 years ago
At the beginning of the call, the team members ask how one another is doing and mention the weather. What piece of advice for vi
Thepotemich [5.8K]

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At the beginning of the virtual meeting it is okay to start with small talks such as the weather.

Explanation:

No option was given here so I think the answer is to make room for small talk. Opening up straight with the meetings agenda is not a very good way to start. By using small talks, each member of the meeting would be more open and flow better with the meetings agenda. Before the meeting starts a few minutes of small talk such as these would get everyone warmed up. And members would feel more comfortable.

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The primary responsibility of the board of directors is to ___ . a. tell all the managers what to do b. oversee the affairs of t
pshichka [43]

Answer:

The correct answer is letter "B": oversee the affairs of the organization.

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The Board of Directors is a group appointed or elected to represent shareholders at major companies. Every public company must have a Board of Directors. This Board establishes administrative policies including hiring and firing of executives, distribution of dividends, and executive compensation. A Board of directors has usually the ultimate say in the company's major decisions and must take responsibility for those decisions if they do not go as planned.

4 0
3 years ago
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