subject
Business, 11.12.2019 22:31 hernandezeileen20

Wanda, derek, and mitchell formed b. flowers, llp three years ago. a year ago, derek and mitchell decided that the company was ready to open a new location and had b. flowers take out a loan from a bank for the extra capital needed to expand. the new location has not performed well, and b. flowers is unable to pay the remaining $50,000 owed to the bank. is wanda liable to the bank for the debt?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 22:30
Your project team’s recommendations to increase productivity have been approved and your team is now working on an implementation plan. in order to accomplish the plan, several subject matter experts from various parts of the organization have been brought in to assist. you have noticed friction and conflict among team members. some of the disagreement and opposition on your team supports the achievement of team goals and objectives. this type of conflict can be described as:
Answers: 1
question
Business, 22.06.2019 03:30
Diversified semiconductors sells perishable electronic components. some must be shipped and stored in reusable protective containers. customers pay a deposit for each container received. the deposit is equal to the container’s cost. they receive a refund when the container is returned. during 2018, deposits collected on containers shipped were $856,000. deposits are forfeited if containers are not returned within 18 months. containers held by customers at january 1, 2018, represented deposits of $587,000. in 2018, $811,000 was refunded and deposits forfeited were $41,000. required: 1. prepare the appropriate journal entries for the deposits received and returned during 2018. 2. determine the liability for refundable deposits to be reported on the december 31, 2018, balance sheet.
Answers: 1
question
Business, 22.06.2019 11:20
Aborrower takes out a 30-year adjustable rate mortgage loan for $200,000 with monthly payments. the first two years of the loan have a "teaser" rate of 4%, after that, the rate can reset with a 5% annual payment cap. on the reset date, the composite rate is 6%. what would the year 3 monthly payment be?
Answers: 3
question
Business, 22.06.2019 12:50
Salaries are $4,500 per week for five working days and are paid weekly at the end of the day fridays. the end of the month falls on a thursday. the accountant for dayton company made the appropriate accrual adjustment and posted it to the ledger. the balance of salaries payable, as shown on the adjusted trial balance, will be a (assume that there was no beginning balance in the salaries payable account.)
Answers: 1
You know the right answer?
Wanda, derek, and mitchell formed b. flowers, llp three years ago. a year ago, derek and mitchell de...
Questions
question
Social Studies, 07.04.2021 17:50
question
Mathematics, 07.04.2021 17:50
question
History, 07.04.2021 17:50
question
English, 07.04.2021 17:50
question
Mathematics, 07.04.2021 17:50