When danny withdrew from john, daniel, harry, and danny, llp, he was paid $80,000, although his capital account balance was only $60,000. the four partners shared net income and losses equally, and no revaluation will take place. the journal entry to record the effect on john’s capital due to danny's withdrawal would include: a: $5,000 debit to john, capital; b: $20,000 debit to john, capital; c: $6,667 debit to john, capital; d: $5,000 credit to john, capital; e: $6,667 credit to john, capital

In 1948, the president of the united states earned a salary of $75,000. in 2000, the president earned a salary of $400,000. knowing that the cpi for 1948 is 24.1 and the cpi for 2000 is 172.2, convert the 1948 salary to constant 2000 dollars. when comparing constant dollar amounts, whose salary was worth more--harry truman, president in 1948, or bill clinton, president in 2000

The stock is currently selling for $17.75 per share, and its noncallable $3,319.97 par value, 20-year, 1.70% bonds with semiannual payments are selling for $881.00. the beta is 1.29, the yield on a 6-month treasury bill is 3.50%, and the yield on a 20-year treasury bond is 5.50%. the required return on the stock market is 11.50%, but the market has had an average annual return of 14.50% during the past 5 years. the firm's tax rate is 40%.refer to exhibit 10.1. what is the best estimate of the after-tax cost of debt? a. 6.07%

The voting age in america should be changed from 18 to 16