Profits and losses are split as follows: allen (20%), burns (30%), and costello (50%). costello wants to leave the partnership and is paid $100,000 from the business based on provisions in the articles of partnership. if the partnership uses the bonus method, what is the balance of burns’s capital account after costello withdraws? a. $24,000. b. $36,000. c. $33,000. d. $27,000.
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Business, 21.06.2019 17:10
Which statement describes a monopoly? many firms produce identical products with no control over the market price. many firms produce differentiated products with control over market price. a single firm produces a product with no close substitutes and control over the market price. a single firm produces a product with many close substitutes and limited control over the market price.
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Business, 21.06.2019 23:30
Starting at age 30, you deposit $2000 a year into an ira account for retirement. treat the yearly deposits into the account as a continuous income stream. if money in the account earns 7%, compounded continuously, how much will be in the account 35 years later, when you retire at age 65? how much of the final amount is interest?
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Business, 22.06.2019 05:30
Find a company that has followed a strong strategic direction- state that generic strategy and the back-up points to support your position.
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Profits and losses are split as follows: allen (20%), burns (30%), and costello (50%). costello wan...
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