The average capital balances of partners Bridget and Emily are $3,000 and $6,000, respectively. Both women work at the business full-time. The business earned a net income of $12,000 for the period. The partners have agreed to share earnings based on the percentage of original investment. Bridget's share of the net income is
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The average capital balances of partners Bridget and Emily are $3,000 and $6,000, respectively. Both women work at the business full-time. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Alcatuiti un eseu in care sa prezentati argumente in functie de care piata asigurarilor ar putea fi considerata o piata cu concurenta perfecta
Answers (1)
The ending finished goods inventory budget supplies information is needed for the: a. sales budget. b. cash budget. c. budgeted income statement. d. cost of goods sold budget. e. all of these.
Answers (1)
When a marketing researcher uses a collection of reports, financial statements, and surveys from different departments within her firm, she is using: primary data. internal secondary data. external secondary data?
Answers (1)
According to the savings-investment spending identity: a) savings equals investment spending. b) savings equals investment spending plus consumption spending. c) government spending equals tax receipts.
Answers (1)
figurative language a hot day
Answers (1)
New Questions in Business
The law of increasing opportunity costs is reflected in a production possibilities curve that is: A. an upsloping straight line. B. a downsloping straight line. C. concave to the origin. D. convex to the origin.
Answers (2)
A team was in pursuit to sign a highly sought-after free agent. It gave the player the highest offer of all the teams, and ultimately signed him to a high-paying contract. The player did not live up to expectations during the subsequent season.
Answers (1)
In order to test a new customer loyalty program, a supermarket sends an email to its current customers in one of its regions of operation, inviting them to opt into the new program.
Answers (2)
Over the last four years, a stock has had an arithmetic average return of 8.8 percent. Three of those four years produced returns of 16.3 percent, 10.2 percent, and - 14.1 percent. What is the geometric average return for this 4-year period?
Answers (1)
When a person gains a benefit from a previously unauthorized act of an agent and does not deny the authority to act after learning about it, this constitutes an agency created by:
Answers (1)