subject
Business, 15.02.2021 21:00 KillerSteamcar

Wheadon, Davis, and Singer formed a partnership with Wheadon contributing $54,000, Davis contributing $45,000 and Singer contributing $36,000. Their partnership agreement called for the income (loss) division to be based on the ratio of capital investments. If the partnership had income of $60,000 for its first year of operation, what amount of income (rounded to the nearest thousand) would be credited to Singer's capital account

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 07:00
Imagine you own an established startup with growing profits. you are looking for funding to greatly expand company operations. what method of financing would be best for you?
Answers: 2
question
Business, 22.06.2019 20:00
Which of the following is a competitive benefit experienced by the first mover firm in an industry? a. the first mover will be able to achieve a less steep learning curve. b. the first mover will be able to reduce the switching costs. c. the first mover will not have to patent its products or technology. d. the first mover will be able to reduce costs through economies of scale.
Answers: 3
question
Business, 22.06.2019 23:10
Asemiprofessional baseball team near your town plays two home games each month at the local baseball park. they split the concessions 50/50 with the city, but keep revenue from ticket sales for themselves. the city charges the team $100 each month for the three-month season. the team pays the players and manager a total of $1,000 a month. the team charges $10 for each ticket, and the average customer spends $7 at the concession stand. attendance averages 30 people at each home game.in order to break even, how many tickets does the team need to sell for each game? a. 33b. 37c. 41e. 49f. 244
Answers: 1
question
Business, 23.06.2019 02:00
You are considering the purchase of one of two machines used in your manufacturing plant. machine 1 has a life of two years, costs $20,000 initially, and then $4,000 per year in maintenance costs. machine 2 costs $25,000 initially, has a life of three years, and requires $3,500 in annual maintenance costs. either machine must be replaced at the end of its life with an equivalent machine. using eac which is the better machine for the firm
Answers: 1
You know the right answer?
Wheadon, Davis, and Singer formed a partnership with Wheadon contributing $54,000, Davis contributin...
Questions
question
Mathematics, 08.05.2021 01:00
question
Mathematics, 08.05.2021 01:00
question
Mathematics, 08.05.2021 01:00
question
Chemistry, 08.05.2021 01:00