Rodgers and winter had capital balances of $60,000 and $90,000, respectively, at the beginning of the current fiscal year. the articles of partnership provide for salary allowances of $25,000 and $30,000, respectively; an allowance of interest at 12% on the capital balances at the beginning of the year; and the remaining net income divided equally. net income for the current year was $110,000.
a. present the division of net income section of the income statement for the current year.
net income $110,000

rodgers winter total

division of net income:
salary allowance $ $ $
interest allowance
total
net income $ $ $
b. assuming that the net income had been $65,000 instead of $110,000, present the division of net income section of the income statement for the current year.
net income $65,000

rodgers winter total
division of net income:
salary allowance $ $ $
interest allowance
total
net income $ $ $

1. list five staple convenience goods that you or your household buys on a regular basis. (you do not need to use complete sentences. 2.5 points) 2. list three impulse convenience goods that you or someone you know has purchased. (you do not need to use complete sentences. 2.5 points) 3. describe a shopping good that you or someone you know purchased. what kind of research did you or that person do before buying the product? (1-5 sentences. 3.0 points) 4. choose an example of a company you could start, and decide which business structure would make the most sense for that type of company (sole proprietorship, partnership, llc, c corporation, s corporation, or nonprofit corporation). explain why this structure would be good for this type of company. give at least 3 reasons. (3-6 sentences. 6.0 points) 5. if you were starting a new business, describe at least three departments to the company that you would need right away. why are these departments so important? (1-5 sentences. 3.0 points) 6. describe a product that you think has saturated its market. what makes you think it has saturated its market? (1-5 sentences. 3.0 points)