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?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
At December 31, 2010, Aaliyah Company reports the following results for its calendar year. Cash sales ... $1905,000 Credit sales ...
Answers (1)
What does tsg stand for in tsg consumer partners?
Answers (1)
On 12/31/2015, Heaton Industries Inc. reported retained earnings of $675,000 on its balance sheet, and it reported that it had $172,500 of net income during the year.
Answers (1)
Which of the following is one of the reasons for the failure of technology projects? A) Inadequate testing of systems before deployment B) Insufficient expenditure on information systems C) Use of matured technology D) Prolonged project periods E)
Answers (1)
Select all that apply. Which of the following describe what producers offer as they compete for more customers?
Answers (2)
New Questions in Business
Which term refers to the beginning of the constitution?
Answers (1)
The risks of a focus strategy include: a. decisions by focused competitors to use their resources to serve a wider range of customers' needs. b.
Answers (1)
Floyd Industries stock has a beta of 1.30. The company just paid a dividend of $.30, and the dividends are expected to grow at 4 percent per year. The expected return on the market is 13 percent, and Treasury bills are yielding 4.5 percent.
Answers (1)
Martin is offered an investment where for $ 6 comma 000 today, he will receive $ 6 comma 420 in one year. He decides to borrow $ 6 comma 000 from the bank to make this investment.
Answers (2)
Sun Yip, the marketing manager at Bryte Systems Inc., decides to enter into foreign markets as his company has surplus amounts of fluorescent light bulbs because of an accidental overrun in manufacturing.
Answers (1)