At the beginning of the year, Barry's capital was $100,000 and Tanya's was $60,000. Their partnership agreement provides: (1) annual salary allowances of $60,000 to Barry and $50,000 to Tanya, (2) annual interest allowances of 10% of a partner's beginning-year capital balance, and (3) Barry and Tanya equally share any remaining balance of income or loss. Question 1 of 2 Assuming the partnership has net income of $120,000 the allocation should be:. a. $60,000 to Barry and $50,000 to Tanya.
b. $70,000 to Barry and $56,000 to Tanya.
c. $66,000 to Barry and $54,000 to Tanya.
d. $60,000 to Barry and $60,000 to Tanya.
e. $67,000 to Barry and $53,000 to Tanya.

You have just been hired as a financial analyst for barrington industries. unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. so, your first job will be to recreate the firm's cash flow statement for the year just ended. the firm had $100,000 in the bank at the end of the prior year, and its working capital accounts except cash remained constant during the year. it earned $5 million in net income during the year but paid $800,000 in dividends to common shareholders. throughout the year, the firm purchased $5.5 million of machinery that was needed for a new project. you have just spoken to the firm's accountants and learned that annual depreciation expense for the year is $450,000; however, the purchase price for the machinery represents additions to property, plant, and equipment before depreciation. finally, you have determined that the only financing done by the firm was to issue long-term debt of $1 million at a 6% interest rate. what was the firm's end- of-year cash balance? recreate the firm's cash flow statement to arrive at your answer

At cooly cola, we are testing the appeal of our new diet one cola. in a taste test of 250 randomly chosen cola drinkers, 200 consumers preferred diet one cola to the leading brand. assuming that the sample were large enough, the large-sample 95% confidence interval for the population proportion of cola drinkers that prefer diet one cola would be:

Diamond motor car company produces some of the most luxurious and expensive cars in the world. typically, only a single dealership is authorized to sell its cars in certain major cities. in less populous areas, diamond authorizes a single dealer for an entire state or region. the manufacturer of diamond automobiles is using a(n) distribution strategy for its product.