Chuck and tom are partners in sport bikes, which rents and sells bikes, bike accessories, and related gear. chuck manages the business. unless the partnership agreement states otherwise, chuck is:
a. entitled to compensation in proportion to her effort.
b. entitled to compensation in proportion to her effect on the business.
c. entitled to compensation in proportion to her capital contribution.
d. not entitled to compensation.

Suppose an economy has only two sectors: goods and services. each year, goods sells 80% of its outputs to services and keeps the rest, while services sells 62% of its output to goods and retains the rest. find equilibrium prices for the annual outputs of the goods and services sectors that make each sector's income match its expenditures.

Record the journal entry for the provision for uncollectible accounts under each of the following independent assumptions: a. the allowance for doubtful accounts before adjustment has a credit balance of $500. b. the allowance for doubtful accounts before adjustment has a debit balance of $250. c. assume that octoberʼs credit sales were $70,000. uncollectible accounts expense is estimated at 2% of sales. smith, gaylord n.. excel applications for accounting principles (p. 51). cengage textbook. kindle edition.

If springfield is operating at full employment who is working a. everyone b. about 96% of the workforce c. the entire work force d. the robots