Allocate $249,000 net income by providing annual salary allowances of $66,000 to Ries, $56,000 to Bax, and $80,000 to Thomas; granting 10% interest on the partners' beginning capital investments; and sharing the remainder equally.

Answers

Answer 1

Answer:

Some information was missing: Ries invested $80,000 , Bax invested $112,000, and Thomas invested $128,000.

allocation of profits:

Ries = $66,000 + ($80,000 x 10%) = $74,000

Bax = $56,000 + ($112,000 x 10%) = $67,200

Thomas = $80,000 + ($128,000 x 10%) = $92,800

total = $234,000

remaining profits = $249,000 - $234,000 = $15,000 / 3 = $5,000

total allocation of profits:

Ries = $79,000Bax = $72,200Thomas = $97,800total = $249,000

Related Questions

Next, 2 cases will be presented that must be analyzed and where you will use the

concepts of mixed melting point, purity, etc. This must be documented in the part of the

conclusion of the report.

Case #l: A student performs two melting point media on a product

crystalline. In a determination, the capillary tube contains a sample of

approximately 1 to 2 mm in height and the melting range is 141°C to 142°C. In the

another determination, the height of the sample is 4 to 5 mm, and the melting range is

found at 141°C - 145°C. Explain the wider range of observed melting point

for the second sample. The melting point reported in the literature for the compound

is 143°C.

me

Case #2: You have an unknown compound found to be 120°C - 122°C,

based on the physical characteristics it is suspected that the unknown could be acid

Benzoic or succinic anhydride. Mixed melting point test was performed

found that the temperature range was 121°C - 123°C. Indicate the necessary steps

to determine identity and cal could be the same (explain).

Answers

In Case #1, the wider melting point range in the second determination suggests the presence of impurities or a mixture of compounds.

In Case #2, the mixed melting point falls within the suspected compounds' range, requiring further tests and comparisons to determine the identity of the unknown compound.

In Case #1, the wider range of observed melting points in the second determination can be attributed to the presence of impurities or a mixture of compounds within the sample. This suggests that the second sample is less pure compared to the first sample and may contain other substances with lower or higher melting points.

In Case #2, the mixed melting point test result falls within the range of the suspected compounds, benzoic acid and succinic anhydride. To determine the identity of the unknown compound, further steps can be taken. First, a comparison of the physical properties of the unknown compound with the known properties of benzoic acid and succinic anhydride can be made.

This includes considerations such as solubility, odor, and appearance. Additionally, other tests like chemical reactions or spectroscopic analysis can be conducted to confirm the identity of the compound. The final identification should be based on a comprehensive evaluation of all the data obtained from various tests and comparisons, ensuring a reliable determination of the unknown compound.

Learn more about compound here: https://brainly.com/question/26457073

#SPJ11

Which best describes a way people can use personal loans? to buy a house to buy a bicycle to pay for college to pay for groceries

Answers

Answer:

c. to pay for college

Explanation:

just took the test

Answer:

C. to pay for college

Explanation:

Treating two otherwise-equal people differently because of their gender or race is called:________

Answers

Discrimination is the term used to describe treating two otherwise-equal people differently based on their gender or race.

Discrimination is the unjust or prejudicial treatment of individuals or groups based on certain characteristics, such as gender or race. It involves making distinctions and treating people differently, often leading to unequal opportunities, rights, or outcomes. Discrimination can occur in various contexts, including employment, education, housing, and public services. It is considered a violation of human rights and is widely condemned by international laws and conventions. Treating individuals differently solely because of their gender or race perpetuates inequality, reinforces stereotypes, and undermines the principles of fairness and equality. Efforts to combat discrimination involve promoting equal treatment and opportunities for all individuals, regardless of their gender or race, and creating inclusive and diverse societies that value and respect the rights and dignity of every person.

Learn more about employment here:

https://brainly.com/question/17459074

#SPJ11

what is the difference of communism and socialism?

Answers

Communism there is No private ownership,central government,No class Distinction, Production for basic needs.


For socialism there is limited Private owner ship, government and private entities,Limited class distinctions and production for societal needs .

What might you tell her about career resources and their importance in career selection?

Answers

Answer:

I would like to tell her that it is good that she has chosen her career but there is no harm in taking the help of the career resources as it will clarify her path and clear her conflicts if any. Moreover, it can help in her career selection and give her some ideas of the pros and the cons of the field she is choosing. Taking assistance of the resources can give major idea of the experiences and the instances from other’s life and can influence her decision in the positive way.

Explanation:

edge

The bank collected a note payment of $800. the journal entry on the company books would include a?

Answers

The journal entry on the company books for the bank's collection of a note payment of $800 would typically include a credit to the Notes Receivable account.

When a bank collects a note payment on behalf of a company, it means that a borrower has repaid the loan or note to the bank, and the bank has subsequently forwarded the payment to the company. In this scenario, the company needs to record the transaction in its books to reflect the decrease in its Notes Receivable account.

The journal entry would typically include a credit to the Notes Receivable account. By crediting the Notes Receivable account, the company reduces the outstanding balance of the note, as the borrower has made the payment. The credit entry is made to reflect the reduction in the company's assets.

In addition to the credit entry, the company would also need to record a corresponding debit entry to another account, such as Cash or Bank. This entry reflects the increase in the company's cash or bank balance resulting from the collection of the note payment. The debit entry ensures that the accounting equation remains balanced, with the increase in assets (cash or bank) offsetting the decrease in assets (Notes Receivable). The specific account debited would depend on the company's specific circumstances and accounting practices.

Overall, the journal entry for the bank's collection of a note payment of $800 would include a credit to the Notes Receivable account to reflect the reduction in outstanding balance and a corresponding debit entry to the Cash or Bank account to reflect the increase in the company's cash or bank balance.

To learn more about payment  Click Here: brainly.com/question/32320091

#SPJ11

Which is not a responsibility of a human resources manager? Choose the answer.

Question 3 options:

revising personnel policies and procedures


revising job descriptions


maintaining company employee contact information


developing the company's strategic plan

Answers

Answer:

maintaining company employee contact information

Describe the promotional mix in a few sentences.

Answers

Answer:

It's a specific combination of the tools channels and processes you use to promote your offerings it's a what you say how you say it who you say it to what channels you use to reach them and how often you communicate

8. If the price of a good changes from £5 to £4 and demand change from 100 to 120 units, the PED
will be...
(1 Point)
-0.25
-1.0
-0.2
-2.0

Answers

Answer:

Explanation:

dvsf

true/false. a shipping company that your business started using a month ago regularly inflates its shipping rates, fails to meet scheduled deliveries, and loses packages. you decide to write a letter to the shipping company to end the business relationship.

Answers

True. As a business owner, it is important to maintain a good relationship with vendors and suppliers, but if a shipping company is consistently failing to meet expectations and causing problems, it may be necessary to terminate the business relationship.

A letter can be a professional way to communicate this decision and provide specific examples of the issues experienced. It is important to do so in a respectful and factual manner to minimize any potential legal or reputational risks for the business.

For more questions like Company click the link below:

https://brainly.com/question/30532251

#SPJ11

The Hall Company is a craft store that wants to measure the success of its coupons, displays, and pricing structure. These elements can help the Hall Company prepare its marketing budget for next year. Length of research time is important because the new budget has to be prepared within a month. What research tool would be helpful for Hall Company

Answers

The research tool that would be helpful for the Hall Company is a survey questionnaire.

A survey questionnaire is a research tool that can help the Hall Company measure the success of its coupons, displays, and pricing structure. It is a set of questions that are designed to collect relevant data from the customers.

The Hall Company can use a survey questionnaire to gather customer feedback on their recent purchases, their satisfaction with the coupons, displays, and pricing structure, and their opinions on what could be improved. The company can use this information to prepare its marketing budget for next year within a month.

The advantages of using a survey questionnaire are that it is easy to administer and analyze, it can collect both qualitative and quantitative data, and it can reach a large number of people in a short amount of time. The Hall Company can also tailor its questions to specific aspects of its business that it wants to measure, such as customer loyalty or brand awareness.

Furthermore, the company can also conduct online surveys, which can be less expensive and more convenient than traditional paper surveys. Online surveys can reach a wider audience and provide instant results, making it easier for the Hall Company to prepare its marketing budget in a timely manner.

to know more about Hall Company here:

brainly.com/question/31573132

#SPJ11

what aspect of today’s business environment is central to the need for robust transaction management processing systems?

Answers

Today's business environment has a strong need to watch the progress of projects, which is why developing a reliable system for processing transactions is essential. As a result, choice C is valid.

What is business environment?

The term "business environment" refers to the totality or collection of all internal and external factors, including people working in the company, customer needs and expectations, supply and demand, management, clients, suppliers, and owners, as well as government actions, technological innovation, social trends, market trends, and economic changes.

These elements have a direct or indirect impact on how a firm operates and performs its functions. These factors taken together have an impact on the environment and situation of businesses or corporate entities.

Organization environment increases overall performance, growth, and profitability of the business by assisting in the identification of business prospects, utilizing helpful resources, and assisting in planning.

Business environments come in a variety of forms, including macro and micro environments.

Learn more about business environment, here

https://brainly.com/question/28962722

#SPJ1

Treasury spot interest rates are as follows: Maturity (years) 1 2 3 4 Spot rate (EAR) 1.4% 2.8% 3.6% 4.5% What is the price of a risk-free zero-coupon bond with 3 years to maturity and a face value of $1,000 (in $)? (answer,0+ decimals)

Answers

Answer: $868

Explanation:

Given the following :

Maturity (years) - - - - - - 1 - - 2 - - - 3 - - - 4

Spot rate (EAR) - - - - 1.4% - 2.8% - 3.6% - - 4.5%

What is the price of a risk-free zero-coupon bond with 3 years to maturity and a face value of $1,000 (in $)?

Face value / ( 1 + spot rate)^p+1

Where P = year

=1000/(1+3.6%)^4

1000 / ( 1 + 0.036)^4

1000/(1.036)^4

1000/1.151964303616

=$868.08245

If you were to apply for an administrative personnel position, what might you explain about yourself so that you sound qualified for the job?

“I am good at coming up with meal plans for the office.”

“I am good at filing and organizing paperwork.”

“I am good at replacing light bulbs when they burn out.”

Answers

i am good at filing and organizing paper

Answer:

b

Explanation:

Informing and educating the target audience about the product's benefits, characteristics, and features is part of the communication strategy in the ___________ phase of the product life cycle.A. IntroductionB. GrowthC. MaturityD. DeclineE. All of these

Answers

In the introduction phase of the product life cycle, informing and educating the target audience about the product's benefits, characteristics, and features is a crucial part of the communication strategy to create awareness and generate interest in the product. The correct answer is A. Introduction.

As the product moves through the other phases of the life cycle (growth, maturity, and decline), the communication strategy may shift to focus on other objectives such as building brand loyalty or addressing competition.

During the Introduction phase, a new product is being introduced to the market. The primary goal of this phase is to create awareness and generate interest among potential customers. This is achieved through effective communication strategies that highlight the unique features, benefits, and characteristics of the product. Marketers aim to educate the target audience about how the product addresses their needs and provides value.

In the Introduction phase, communication efforts focus on building brand awareness, establishing a market presence, and differentiating the product from competitors. Advertising, public relations, social media, and other promotional activities are employed to inform and educate the target audience about the product's advantages and persuade them to try it.

As the product progresses through the subsequent phases of Growth, Maturity, and Decline, the communication strategies may evolve to focus on different objectives such as increasing market share, maintaining customer loyalty, or managing the product's decline. However, the initial phase of informing and educating the target audience about the product's benefits occurs during the Introduction phase. Hence, A is the correct option.

You can learn more about communication strategy at: brainly.com/question/29791579

#SPJ11

Please answer this question...



Did you eat today? if you haven't please find something to eat and take care of yourself :)

Answers

Answer: yes! Aww thanks, you too :))

Explanation: have a great day!!

Answer:yes i did thank you for caringgggggggggg have a good day^.^

Explanation:

What would be worth more at the end of one year? Receiving $10,800 today or receiving $12,050 one year from now? Your Financial Advisor points out today you could invest the $10,800 in the bank at 12% for one year. O It is better to take the $10,800 today Both would equal the same amount in one year so it does not matter which one you choose O It is better to take the $12,050 one year from now O Neither choice is good and it would be better to borrow funds using debt equity

Answers

Therefore, it is better to take the $10,800 today rather than receiving $12,050 one year from now.

To determine which option would be worth more at the end of one year, we need to compare the present value of the two amounts.

Option 1: Receiving $10,800 today.

Option 2: Receiving $12,050 one year from now.

Since we are given that the bank offers an interest rate of 12%, we can calculate the present value of Option 2 by discounting it back to today's value.

Using the formula for calculating present value, we have:

PV = FV / (1 + r)^n

Where PV is the present value, FV is the future value, r is the interest rate, and n is the number of periods.

For Option 1: PV1 = $10,800

For Option 2: PV2 = $12,050 / (1 + 0.12)^1 = $10,767.86

Comparing the two present values, we find that PV1 > PV2.

Therefore, it is better to take the $10,800 today rather than receiving $12,050 one year from now.
To know more about invest  visit:

https://brainly.com/question/10908938

#SPJ11

Creating an anonymous complaint or grievance process is something
employers can implement to prevent which of the following?
O A. Layoffs
B. Harassment
C. Taxed income
D. Arguments

Answers

Answer is B.) Harassment

hope I could help goodluck

Which of the following is a “DON’T” regarding scannable résumés?
a.
Print on white paper with black ink
b.
Use special characters like italics and underlining
c.
Add spaces before and after slashes
d.
Use a clean and neat overall format


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

B

Explanation:

took it on edge2020 :)

When it comes to scannable resumes, it is not recommended that you b. Use special characters like italics and underlining.

How should scannable resumes be designed?

Because they are to be scannable, they are not to have complicated characters that might be unscannable such as special characters and underlining.

They should be printed on white paper using black ink only, and should have a format that is best described as being neat and clean.

Find out more on scannable resumes at https://brainly.com/question/1383483.

How do changes in spending set of a chain of events that impact real GDP?

Answers

Changes in spending drives aggregate demand and contributes to some real GDP growth.

The chain of events from changes in spending circle the economy, households purchase things from businesses, businesses pay their employees and suppliers, employees and suppliers purchase goods from other businesses, these businesses pay their employees and suppliers, and so on. In this sense, the initial shift in aggregate expenditures is really spent more than once.

Hence, the real GDP grows from changes in spending.

GDP of a nation?

The sum of all value added produced inside an economy is measured by the GDP. Value added is defined as the value of produced products and services less the value of the commodities and services required to produce them, or what is known as intermediate consumption.

To know more about  Real GDP visit:

https://brainly.com/question/15171681

#SPJ1

A family purchased tickets to a museum and spent a total of $38. 0. The family purchased 4 tickets. There was a $1. 50 processing fee for each ticket. Write and solve an equation that can be used to find x, the cost of one ticket to the museum. Show your work or explain your answer.

Answers

Each ticket = £11. Explain 1.5 x 4 = 6. 6 +38 =44. 44 divided by 4 = 11

Period costs are always expensed on the income statement in the period in which ______.

Answers

Explanation:

Period costs are always expensed on the income statement in the period in which: they are incurred.

i need help with this problem
thank you in advanced

i need help with this problem thank you in advanced

Answers

Answer:

Price will decrease when supply increases. Supply will increase when. Quantity exchanged will increase when supply decreases

Setting up equipment, placing purchase orders, and arranging shipments to customers are all examples of

Answers

Setting up equipment, placing purchase orders, and arranging shipments to customers are all examples of: Batch Level activities.

What is Batch Level activities?

Batch Level activities are activities that are incurred when a batch of product or goods are produced.

This Batch -level activities are:

Setting up equipmentPurchase ordersArranging shipments to client etc

Inconclusion Setting up equipment, placing purchase orders, and arranging shipments to customers are all examples of: Batch Level activities.

Learn more about Batch Level activities here:https://brainly.com/question/12960858

critically discuss how career and study choices are influenced by the following socio-economic factor: availability of finances/affordability​

Answers

Answer:

availability of financial/affordability

Explanation:

it's enables you to make more money for the growth of the community so we study it that way

An investor buys 400 shares of stock in a fund when the net asset value is $19. 62 and the offer price is $19. 84. the investor sells these shares when the net asset value is $43. 19 and the offer price is $43. 56. determine the amount of profit the investor earns. a. $9,576 b. $9,488 c. $9,428 d. $9,340 please select the best answer from the choices provided a b c d.

Answers

The investor's profit would be $9,340.

How to calculate investor's profit?

No. of shares Investors buy in fund = 400 shares

NAV (Net Asset Value) = $19.62

Price of list = $19.84

Total stock's cost = 19.84 × 400 = $7936.00

investor will sell shares when

NAV (Net Asset Value) = $43.19

List Price = $43.56

Total selling price for stock = 400 × 43.19 = $17,276.00

Hence, Gross Profit = 17,276 -7,936 = $9,340.00

What does stock fund means?

Stock funds, or equity mutual funds, are funds that invest in stocks, also known as equity securities. Stock funds can be compared to bond funds and money funds. The Fund's assets typically consist primarily of equities, which usually contain fairly modest amounts of cash, as opposed to bonds, debentures, or other securities.

To learn more about stock visit:

https://brainly.com/question/20369722

#SPJ4

Hey MCU fans, 30 pts to the first person who can answer this question! What was Loki's last words TO THOR before he died? Just thought this would be fun :)

Answers

“I assure you, brother, the sun will shine on us again.”

jasmine is a 37-year-old private chef and food service manager at a hospital. she's worked in the food/restaurant industry for many years and learned not only about preparing nutritious and delicious food, but also about sanitation and food safety. in the past year, her private catering business has really grown and expanded. she's used to taking certain precautions and following protocols because of her years of working in hospital food services. can jasmine keep up with the growing demand of her private catering company and manage to follow all safety procedures?

Answers

Yes, I believe that Jasmine can keep up with the growing demand of her private catering company and still follow all safety procedures. Her experience in working in the food service industry, particularly in a hospital, has taught her the importance of sanitation and food safety. As a food service manager, she is likely well-versed in following protocols and taking precautions to ensure that the food she prepares is safe and healthy. While the growth of her catering business may present some challenges, such as managing a larger volume of orders and ensuring that her staff is trained in proper sanitation procedures, her previous experience in the industry should help her navigate these challenges successfully. Ultimately, as long as Jasmine prioritizes the safety and health of her customers, her catering company should continue to thrive and grow.

To know more about sanitation procedures click here

https://brainly.com/question/22493868?referrer=searchResults

#SPJ11

Disadvantages of canteen

Answers

The quality of the food is another drawback of an office canteen.

The required details for canteen in given paragraph

Having a cooked lunch is a luxury for many employees, but as it becomes more commonplace, many may choose the tastier options instead of giving their food much care. Unhealthy selections start to dominate and, if routinely consumed, will result in future issues. For kids who may feel overwhelmed by their newfound freedom to choose what they eat for lunch, having too many food options can result in making bad eating decisions.

Despite the fact that parents frequently have little knowledge of the foods their children choose, they are the ones who load money onto their pupils' lunch cards.

To know about canteen in given link

https://brainly.ph/question/2819889

#SPJ9

What else can be added as a bonus to employees to keep them at your company?

Answers

Answer:

Explanation:

Maybe give them a raise

Other Questions
4the everglades' climate is _____________ than in most other parts of the united states. which of the following dimension(s) is a primary dimension of the english system? multiple select question. energy (btu) temperature (r) mass (lbm) power (hp) length (ft) Can this please be answered with excel calculations included Jack has invested $300,000 in securities A, B and C. Their weights and betas are listed in the below table. What is the portfolio beta? Security Weight (%) Beta A 40 1.6 B 40 "-0.4" C ? 1.8 A rental car company charges $25 per day to rent a car and $0.12 for every mile driven. Violet wants to rent a car, knowing that:She plans to drive 125 miles.She has at most $150 to spend.Write and solve an inequality which can be used to determine dd, the number of days Violet can afford to rent while staying within her budget. A bar of gold measures 0.166 m x 0.0776 m x 0.0240 m. How many gallons of water have the same mass as this bar acting in good faith gives a business firm a better chance of defending its actions in court.T/F true or false: the government responded to the financial crisis with historically unprecedented fiscal policy action. which theory states that living things change slowly over time in response to their environment Hurricane Katrina chartPlease Im doing a project and I need help ! Ill give 20 points and maybe even brainliest please i need some help one more wrong answer and I'm dead lol (yes I actually tried) Find the unit rate.64 ounces in 4 cans Given the function defined in the table below, find the average rate of change, simplest form, of the function over the interval 1 < < 5. 0 3 1 9 2. 3 81 243 729 Submit Answer How does the seventeenth amendment give Americans greater say in their government? Can someone help please? Can this be us?I want this to be us. Which of the following statements is FALSE?A. Classification is an organizational strategy whereby authors arrange groups of persons,places, things, or abstract ideas according to a common topic in detail.B. The purpose of narrative text is to entertain, to tell a story, or to provide an aesthetic literaryexperienceC. Expository text is subject-oriented and contains facts andinformation using little dialogue. The organization of the structure of expository text isdependent upon the form or genre.D. Sequence (time order and listing) is a form of writing that is used if the author wishes toelaborate in great detail on one subject by listing every feature in great detail.Please select the best answer from the choices provided Which of the following best describes the means by which most of those people leaving death row since 1976 have left?a. Most were executed.b. Most received clemency.c. Most died from causes other than execution.d. Most had their sentence or conviction overturned by an appeals or higher court. Find the value of x so that (x, 12) satisfies y = 4x +4. Identify the organ systems that sustain the life of an individual human. whats the difference between ridge push and slab pull