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
yan [13]
3 years ago
12

Maxwell and Smart are forming a partnership. Maxwell is investing a building that has a market value of $180,000. However, the b

uilding carries a $56,000 mortgage that will be assumed by the partnership. Smart is investing $120,000 cash. The balance of Maxwell's Capital account will be:
Business
1 answer:
Margarita [4]3 years ago
8 0

Answer:

The balance of Maxwell's Capital account will be $124,000

Explanation:

The computation of the Maxwell capital account balance is shown below:

= Market value of the building - mortgage on the building

= $180,000 - $56,000

= $124,000

The cash invested by the smart is not considered in the computation part because the question has asked for the Maxwell, not for smart. So, we ignored it.

You might be interested in
Lance has created three mock-ups for a product logo. he wants to send them to his company's executive team for feedback. the exe
MariettaO [177]

The most efficient way for Lance to distribute the logos<u> "through a site such as Dropbox".</u>


Dropbox is an advanced workspace intended to enable groups to work in a state of harmony and remain in the zone.  

Dropbox unites your documents, in one focal place. They're anything but difficult to discover and securely adjusted over the entirety of your gadgets—so you can get to them whenever, anyplace. No all the more squandering the day finding work.  

Dropbox is an innovative joint effort space intended to lessen busywork, unite your documents in a single focal place, and securely match up them over the entirety of your gadgets—so you can get to them whenever, anyplace.

5 0
3 years ago
What is the most frequently reported relational maintenance strategy?
inna [77]
The most frequently reported relational maintenance strategy is OPENNESS IN COMMUNICATION.
Relational maintenance strategies refers to the methods used by individuals to keep their relationships with other people alive. There are different types of relational maintenance strategy, these include: assurance, positivity, openness, sharing tasks and activities and social network.
8 0
3 years ago
What is a Technical Writer?<br><br> Please be fast! Thank you!
juin [17]

A technical writer is a professional information communicator whose task is to transfer information between two or more parties.

5 0
3 years ago
Read 2 more answers
Jerry recently was offered a position with a major accounting firm. The firm offered Jerry either a signing bonus of $23,000 pay
creativ13 [48]

Answer. D) The signing bonus of $26,000 payable after one year of employment.

Explanation: Because it is more advantageous on him and also he has the time to payback within a year. He will be at rest to use fund for something that can fetch more money even within the 12 months period.

7 0
3 years ago
An increase in which of the following will increase the return on equity, all else constant I. Total asset turnover. II. Net inc
Kryger [21]

Answer:

I and II only.

Explanation:

Return on equity (ROE) is an example of a profitability ratio.

Profitability ratios measures the ability of a company to earn profits from its assets.

ROE = Net income / Average total equity

If ROE increases, it means that net income increases more than average total equity

Total asset turnover = Revenue / average total assets

(Net Income/ Net profit margin) / Total Assets

All else remaining constant, if ROE increases, it means that revenue also increases more than average total asset

Since Net income is the numerator in ROE, it means it would also increase

Total asset and debt equity ratio is not a component of ROE, so the effect of ROE on them can't be determined

4 0
3 years ago
Other questions:
  • Ivy is investing in a home cleaning franchise called HomeKeepers. At her first interview with the franchisor's selling agent, sh
    5·1 answer
  • Benefits can represent more than ______ of the employer's total payroll costs. a. 28 percent b. 7 percent c. 66 percent d. 12 pe
    13·1 answer
  • Patricia is the owner of a floral shop. a successful global candle company approached her about selling its products in her shop
    7·1 answer
  • American Snacks Inc., a conglomerate, has a strategic alliance with Très Bien Limité, a French snack-maker. However, Très Bien m
    5·2 answers
  • You just received a $5,000 gift from your grandmother. You have decided to save this money so that you can gift it to your grand
    9·1 answer
  • On October 5, your company buys and receives inventory costing $5,000, on terms 2/30, n/60. On October 20, your company pays the
    5·1 answer
  • What are the indicators are used to carry out capital budgeting for different ventures of a company.
    13·1 answer
  • The gross profit margin is unchanged, but the net profit margin declined over the same period. This could have happened if A- Fr
    9·1 answer
  • Select three things are included in a product requirements document.(more than one answer)
    10·2 answers
  • Give three reasons why food is processed.​
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!