Maria martinez and her sister, christina, are planning to operate a small day care center together. maria originally invested $24,000 in the business, and christina invested $8,000. maria and christina decide to divide all of the profits and share all of the losses using a fixed ratio. if the ratio agreed upon is in proportion to their original investment, what would be christina's share of a $60,000 end-of-year profit? (hint: the original total investment was $32,000, which includes $8,000 from christina and $24,000 from maria. christina's $8,000 is one-fourth, or 25 percent, of the total.)

How is the division of labor accomplished?

Net income and owner's equity for four businesses four different proprietorships, jupiter, mars, saturn, and venus, show the same balance sheet data at the beginning and end of a year. these data, exclusive of the amount of owner's equity, are summarized as follows: total assets total liabilities beginning of the year $550,000 $215,000 end of the year 844,000 320,000 on the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the year. (hint: first determine the amount of increase or decrease in owner's equity during the year.) jupiter: the owner had made no additional investments in the business and had made no withdrawals from the business. mars: the owner had made no additional investments in the business but had withdrawn $36,000. saturn: the owner had made an additional investment of $60,000 but had made no withdrawals. venus: the owner had made an additional investment of $60,000 and had withdrawn $36,000. jupiter net income $ mars net income $ saturn net income $ venus net income $

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.