Elena and Noah share income equally. For the current year, the partnership net income is $80,000. Elena made withdrawals of $28.000 and Noah made withdrawals of $30,000. At the beginning of the year, the capital account balances were: Elena, Capital, $84,000: Noah, Capital, $116,000. Noah's capital account balance at the end of the year is .... a. $126.000 b. $86,000 c. $186.000 d. $156,000

Answers

Answer 1

Noah's capital account balance at the end of the year is $126,000.

Since Elena and Noah share income equally, their share of the partnership net income is $40,000 each. However, Elena made withdrawals of $28,000, so her share of the net income is reduced to $12,000. Similarly, Noah made withdrawals of $30,000, so his share of the net income is also reduced to $10,000.

Therefore, Elena's capital account balance at the end of the year is $84,000 + $12,000 - $28,000 = $68,000. And Noah's capital account balance at the end of the year is $116,000 + $10,000 - $30,000 = $96,000.

Since Elena and Noah share income equally, they should also share any losses equally. However, in this case, there is a net income of $80,000. Therefore, the $8,000 difference in their share of the net income is due to the difference in their withdrawals.

Finally, to find Noah's capital account balance at the end of the year, we need to add his share of the net income ($10,000) to his beginning capital account balance ($116,000), and subtract his withdrawals ($30,000).

Noah's capital account balance at the end of the year is $116,000 + $10,000 - $30,000 = $96,000 + $10,000 = $126,000.

The correct answer is a. $126,000.

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Related Questions

Question 5 of 10
Which of the following is included in a business case?
A. Hiring plans
B. Action plans
C. Scenario planning
D. Cost benefit analysis

Answers

Answer:

Explanation:

I just took the quiz.

Which one of the following is most likely to result in an increase in producer surplus in the market for cow's milk? (WITH EXPLANATION PLEASE)
A) consumers switching from cow's milk to soya milk
B) health care highlighting problems of consuming cow's milk
C) an advert highlighting the benefits of cow's milk
D) an increase in indirect taxes charged on cow's milk

Answers

A because if the firm is switching from cow milk to soya milk, suppler will be threatened and will be motivated to produce in large supply

Have you seen Zack Snyder's Justice League on HBO Max?

Answers

Answer:

YES!

Explanation:

IT WAS AMAZING I WANT MORE DC FILMS LIKE THAG I DON'T CARE IF ITS ON HBO MAX I WANT MORE

true or false: a monopolist can force a consumer to buy a quantity larger than that dictated at by the consumers demand curve (at a given price).

Answers

True a monopolist can force a consumer to buy a quantity larger than that dictated at by the consumers demand curve (at a given price).

A monopolistic competitive industry has minimal entry requirements, and decisions made by any one firm do not immediately affect those of its rivals. The price and marketing choices made by the rival companies serve as their points of differentiation.

To maximize profit or reduce losses, businesses try to create a certain quantity where marginal income and marginal cost are equal. New businesses will enter the market when established businesses are profitable. When all businesses eventually experience a loss, the demand curve and the marginal revenue curve change, and new businesses stop emerging.

In monopolistic competition, demand is very elastic and responsive to price fluctuations. For products like laundry detergent, consumers will switch brands based purely on price increases.

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One of the many tasks that an Environmental Engineering Technician might do is: Question 3 options:
Conduct pollution survey
Manages invasive plant species
Complete research on wildlife
Work as a farm hand

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One of the many tasks that an Environmental Engineering Technician might do is to conduct a pollution survey.

What is Environmental Engineering Technician?

There are many different positions one might hold within the broad field of environmental technology. One of them is assisting environmental engineers and environmental scientists in identifying, evaluating, preventing and controlling environmental contamination.

Environmental technicians conduct equipment inspections and maintenance, handle hazardous waste, collect samples, oversee waste operations, and perform other tasks as required.

Environmental specialists keep an eye on the environment and look for sources of contamination and pollution, especially those that could have an impact on public health. Additionally, they strive to stop environmental infractions.

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A book sold 34,100 copies in its first month of release. Suppose this represents 9. 8% of the number of copies sold to date. How many copies have been sold to date? Round your answer to the nearest whole number

Answers

Answer:

347,959

Explanation:

(34100/9.8) X 100 = 347,959.18

34100 is 9.8 percent so we will get 1 percent by dividing it with 9.8. We get (3479.5918)

We will multiply it by 100 to get 100%

So we multiply (3479.5918 X 100)

We get 347,959

If the price elasticity of supply is 1.5, and a price increase led to a 3% increase in quantity supplied, then the price increase is about
Select one:
a. 0.2%.
b. 0.5%.
c. 2.0%.
d. 4.5%

Answers

In the event, the price elasticity of supply is 1.5, and a cost increment prompted a 3% increment in the amount provided, then the price increase is approximately 2.0%.

The option (C) is correct.

To work out the rate change in price, we can utilize the recipe:

Percentage change in price = (Percentage change in quantity supplied) / Price elasticity of supply

Considering that the price elasticity of supply is 1.5 and the amount provided expanded by 3%, we can substitute these qualities into the recipe:

Percentage change in price = (3%) / 1.5

Percentage change in price = 2%

Therefore, the price increase is approximately 2%.

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please help me ASAP
i will give brainliest

Answers

Answer:

Explanation:

The equation of any straight line, called a linear equation, can be written as: y = mx + b, where m is the slope of the line and b is the y-intercept. The y-intercept of this line is the value of y at the point where the line crosses the y axis.

Next, choose the best answer to complete the sentence, by using your knowledge of the creative process. In advertising agencies, the strategic planner on the account will provide a creative brief with background information to the creative team. This takes place in the stage of the creative process. incubation Imagine you ging supervisor for the team tasked with conducting a root cause analysis for a intermittent failure in one of the products your compa preparations. Answer the question posed. insight If the team ing for several hours without being able to identify a reason for the intermittent failures, which action should you take to facilitate the verification Leave the team alone to do their work without interruption. Ensure the team that their hard work will be appreciated. Suggest the team stops working for a while and instead spends a few hours playing pool with each other. Remind the team of the testing that will be performed on the product once the problem is identified and solved. Next, choose the best answer to complete the sentence, by using your knowledge of the creative process. In advertising agencies, the strategic planner on the account will provide a creative brief with background information to the creative team. This takes place in the stage of the creative process. Imagine you are the managing supervisor for the team tasked with conducting a root cause analysis for a intermittent failure in one of the products your company manufactures. Answer the question posed. If the team has been working for several hours without being able to identify a reason for the intermittent failures, which action should you take to facilitate their progress? Leave the team alone to do their work without interruption. Ensure the team that their hard work will be appreciated. Suggest the team stops working for a while and instead spends a few hours playing pool with each other. Remind the team of the testing that will be performed on the product once the problem is identified and solved.

Answers

To facilitate the progress of the team conducting a root cause analysis for an intermittent failure, the best action would be to suggest that the team stops working for a while and instead spends a few hours playing pool with each other. This action falls under the concept of incubation in the creative process.

In the creative process, incubation refers to a stage where the individual takes a break from actively thinking about a problem or challenge. It is a period of rest and allowing the mind to process information and ideas subconsciously.

During incubation, the person may consciously step away from the task at hand, engage in unrelated activities, or simply take a break from actively trying to solve the problem.

Taking a break from focused problem-solving activities can allow the subconscious mind to continue processing information and potentially lead to new insights and perspectives when the team returns to their work.

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9) A person who is not a manager but is still able to get a group focused and organized is
using
a. Tactical management
b. Strategic management
c. Formal influence
d. Informal influence

Answers

An informal influence refers to a person who is not a manager but has the ability to keep the group focused and organized. Option d is correct.

What is informal influence?

It corresponds to an individual who is not directly responsible for managing a team, as a common collaborator, but who has influence as such, helping to guide the group and achieve goals.

Therefore, a worker who is an informal influence on his team usually has some developed managerial skills, such as communication, cooperation and empathy.

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A utility-maximizing consumer buys so as to make ________ for all pairs of goods.

Answers

A utility-maximizing consumer buys so as to make MUx/MUy = Px/Py for all pairs of goods.

Utility is a concept in economics that is used to simulate worth or value. Its application has drastically changed over time. Moral philosophers like Jeremy Bentham and John Stuart Mill first used the phrase to define pleasure or happiness as a component of the utilitarianism hypothesis.

It is a gauge of how contented a person feels after consuming certain goods. It is a measurement of the utility a consumer derives from any good, in other words. A utility is a way to quantify how much a person appreciates a particular movie, dish, or product.

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Oligopoly is a market structure that is characterized by a ________ number of ________ firms that produce ________ products.

Answers

Answer: small, interdependent; identical or differentiated

Explanation:

This is from Economics 202.

Pretend you are President of the United States. The Citizens and the economy of the USA need financial assistance to get back on their feet. List and describe three fiscal Policies you would initiate (describe each policy in 3 sentences):

Answers

Assuming i am the President of U.S. and the country needs a financial assistance to get back on their feet. The most likely fiscal Policies we would initiate are the:

contractionary fiscal policyexpansionary fiscal policy

What do we call a Fiscal policy?

In economics, a fiscal policy refers to a governmental decision to increase or decrease taxation and spending. Most time, a Fiscal and monetary policy are often used together to influence the economy. But the fiscal policy can affect a company’s growth, hiring ability and taxes.

We have 3 types of fiscal policy which includes a neutral, expansionary, and contractionary fiscal policy. The neutral policy is one where government takes no steps to provide economic support because it feels the economy is healthy and stable, the expansionary fiscal policy mainly involves increasing spending or cutting taxes to prevent or end a recession or depression and the contractionary fiscal policy involves cutting spending or raising taxes to slow down unsustainable economic growth.

Answers

Answer:

Prior to the 1950s, the production orientation generally held true due to the growing numbers of affluent and middle class people that capitalism had created.

Say’s Law states that the “production of commodities creates, and is the one and universal cause which creates, a market for the commodities produced”.

The emphasis of firms adopting a production orientation of marketing would have been based on the theory of economies of scale, which are the cost advantages that an enterprise obtains due to expansion.

~PLEASE HELP~
Why is it important to develop an idea of your potential career cluster now?

Answers

Answer:

It is important for you to get a idea what you would to be in because it is going to help you understand your purpose in life. It is going to help you choose the right college for you.

Explanation:

what level of market coverage is typically used for products like honest tea beverages?

Answers

The level of market coverage that is been utilized in marketing some products such as honest tea beverages is Intensive distribution

Intensive distribution can be regarded as form of marketing strategy whereby a company tries to sell its product using small vendor and at times big store.

It helps in the creation of brand awareness of the product which later result to higher sales. This method is been used fir products such as soft drinks, cigarettes.

Therefore, Intensive distribution utilize retailers in distribution of goods

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what provides the set of guiding principles for managing wildlife

Answers

Answer:

There are a few different ones, but one the most commonly known is The North American Model of Wildlife Conservation

Explanation:

This may not be the wrong answer, depending on where your from or exactly hat your studying, sorry if it doesn't help, i hope it does though. <3

When discussing a project with her client, an architect says, "It sounds like you want a large townhouse. It should have four bedrooms and at least two bathrooms. You'd like either a porch or a balcony and a nice big kitchen because you love to cook. Did I miss anything?" Why did this architect end her statement with a question?

Question 2 options:

It lets the client correct her, if necessary, without having to contradict her.

She thinks the client wants something else and hasn't said it.

She is someone who tends to be forgetful, so she is double-checking.

She is an aggressive communicator and this question makes her appear less aggressive.

Answers

The most likely reason why the architect ended her statement with a question is option 1: It lets the client correct her, if necessary, without having to contradict her.

Why is this important at this stage of interaction?

By asking if she missed anything, the architect is giving the client an opportunity to add or clarify their requirements without feeling like they are contradicting the architect's understanding of the project.

This approach promotes open communication and ensures that the architect has a complete understanding of the client's needs and expectations for the project.

Answers

Based on the DuPont equation, the ROE for Gray Corp. is 13.82%, given net sales of $325,000 and a net income of $19,000, and year-end assets of $250,000.

According to the DuPont formula, return on equity (ROE) is the same as profit margin times asset turnover times financial leverage. According to DuPont analysis, return on equity is determined by multiplying the profit margin by the asset turnover rate by the financial leverage.

Total debt to total capital ratio = 45%

Total Debt / Total Assets = 0.45

Total Debt / $250,000 = 0.45

Total Debt = 0.45* $250,000

Total Debt = $112,500

Total Capital = Total Assets – Total Debt

Total Capital = $250,000 - $112,500

Total Capital = $137,500

ROE = Net Income / Total Capital

ROE = $19,000 / $137,500

ROE = 13.82%

Hence, the ROE for Gray Corp. is 13.82%.

Answers

The z-score for United States meat consumption expressed in pounds is 9.32.

1a. Find the z-score for United States meat consumption.

To find the z-score, we use the formula;

z=(x−μ)/σz = (x - μ) / σ,

where x is the given value, μ is the mean, and σ is the standard deviation.

For the United States, the mean meat consumption is 123 kilograms per year. Given a standard deviation of 15.94, the z-score for the United States meat consumption is;z=(x−μ)/σ= (123 - 123) / 15.94= 0

1b. Find the z-score for Ireland's alcohol consumption.

To find the z-score, we use the formula;

z=(x−μ)/σz = (x - μ) / σ,

where x is the given value, μ is the mean, and σ is the standard deviation.

For Ireland, the mean alcohol consumption is 70.69 gallons per year. Given a standard deviation of 7.15, the z-score for Ireland's alcohol consumption is;

z=(x−μ)/σ= (70.69 - 70.69) / 7.15

= 0Ireland = 0US = 0

The z-score is zero because the value is equal to the mean value.

The mean meat consumption for the United States is 123 kg per year. To convert this to pounds, we multiply by 2.2;123 × 2.2 = 270.6

So, the United States meat consumption in pounds is 270.6 per year.

Now we can calculate the z-score using the formula;

z=(x−μ)/σz = (x - μ) / σ,

where x is the given value, μ is the mean, and σ is the standard deviation.

Using the same standard deviation of 15.94, the z-score for the United States meat consumption in pounds is;

z=(x−μ)/σ= (270.6 - 123) / 15.94= 9.32 (rounded to 2 decimal places)

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Un mito de 2 parrafos con su dibujo sobre los habitos saludables que debemos asumir para estar sanos, y tengo que colocar todos los pronombres personales

Answers

En la madrugada del martes pude ver una escena curiosa, pero muy ennoblecedora que cambió por completo mi percepción del universo. No pude dormir y decidí salir a caminar por la casa de mi familia, tal vez un poco de aire fresco y en medio de la naturaleza me vendría bien. Me puse un abrigo y me fui. Hacía frío, casi helado, pero era agradable. En medio de mi caminata miré a mi alrededor y vi una luz verde que venía de la región donde habíamos plantado un huerto. Corrí hasta allí y me asombré cuando vi que de las lechugas salían pequeñas hadas brillantes. Me acerqué para escuchar lo que decían.

La primera hada dijo: "¡Oh! Pensé que nunca saldríamos a tiempo. Chicas, tenemos que encantar estas verduras antes de que los humanos se despierten. Sabes que estas verduras necesitan estar bien nutridas para que los humanos sean fuertes y saludables. nosotros vamos a organizar el trabajo. Tú, Juanita, traes todos los nutrientes del caldo. Mientras ella hace esto, le daremos brillo a las hojas para que las verduras sean muy bonitas, para atraer a los humanos. ¡No tenemos tiempo que perder! "

Las hadas empezaron a trabajar a una velocidad impresionante. Cuando terminaron su trabajo, desaparecieron como por arte de magia. Regresé a mi habitación con la sensación de que debía honrar el trabajo de las hadas, comiendo las verduras que tanto trabajaron para estar saludables.

What are loans to government and companies? please hellppzz

Answers

Answer:

loans for a company is when they pull out more money than they have then using it and it has to be repaid

Explanation:

It is when they pull out some amount of money they you have to pay them back slowly

a company implements a new information system and observes a 5 percent increase in its monthly sales. this is a(n) ________ of the system.

Answers

A company implements a new information system and observes a 5 percent increase in its monthly sales. This is a benefit of the system.

The increase in monthly sales is considered a benefit for the company because it helps the company increase its profits and revenue. An information system helps companies automate their processes and make data-driven decisions. This helps companies become more efficient and effective in their operations.

The information system likely contributes to improving the company's operational efficiency, data management, decision-making processes, or customer interactions, resulting in increased sales. This increase can be attributed to various factors, such as better inventory management, improved customer relationship management, enhanced data analysis capabilities, or streamlined processes enabled by the information system. Overall, the observed increase in sales demonstrates the effectiveness and value of the implemented information system in driving business growth and generating positive outcomes for the company.

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would you expect enrollment in managed care to increase or decrease in the future, presuming that future trends include

Answers

Based on future trends, I would expect enrollment in managed care to increase. This is because there is a growing focus on controlling healthcare costs, and managed care has been shown to be an effective way to do so.

Based on future trends, you can expect enrollment in managed care to increase. The main reasons for this increase include an aging population that requires more healthcare services, a growing focus on preventative care, and the need to control healthcare costs. Managed care organizations typically emphasize coordinated care and cost efficiency, making them more attractive to both patients and insurance providers. Additionally, technological advancements in telemedicine and data analysis will further support the growth of managed care, as these innovations can improve patient outcomes and streamline healthcare delivery. Overall, these factors contribute to an anticipated rise in managed care enrollment.

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Motor Works, Inc. has declared a $20,000 cash dividend to shareholders. The company has 5,000 shares of $15-par, 10% preferred stock and 10,000 shares of $20-par common stock. The preferred stock is non-cumulative. How much will the preferred and common stockholders receive on the date of payment?

Answers

Answer: $7,500 preferred stock, $12,500 common stock

Explanation:

Given that:

Total cash Dividend = $20,000

Preferred stock:

5,000 shares of $15-par, 10%

Therefore ;

preferred stock balance = number of share × price × rate

5000 × $15 × 0.1 = $7,500

Balance of common stock is therefore ;

Total cash Dividend - balance of preferred stock

$20,000 - $7,500 = $12,500

In activity-based costing, what is calculated by dividing the total cost of each activity by its total cost driver?

Answers

The activity rate is calculated by dividing the total cost of each activity by its total cost driver.

Activity-based costing (ABC) is a method used to allocate indirect costs to products or services based on the activities required to produce them. Each activity is assigned a cost driver, which is a measure of the activity's level of output. The activity rate is the cost of each activity per unit of its cost driver. It is calculated by dividing the total cost of each activity by its total cost driver.

The activity rate is then used to allocate the indirect costs associated with each activity to the products or services that consume them. By using the activity rate, ABC provides a more accurate way to allocate indirect costs than traditional methods, which often rely on arbitrary cost allocations.

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2. m&j does not have a formal management approach to managing the employees. some low-level employees
are paid more than higher-level employees because they have been with the company longer; others are given
extra time off without any explanation. employees who are not managers often direct other employees but
won't deal with conflicts because they say it isn't their job. some employees are clearly not motivated to do
what needs to be done to make m&j as successful as it could be. in your response:

Answers

M&J need to bring efficiency in the level of their employee management to be able to maintain formal office behavior.

How to make employee management efficient?

The management of workforce by way of standardization and classification of pay by class division is one of the ways to do efficient management.

There must be proper management regarding resolving the grievances of employees with respect to their salaries and modes and methods of payment.

Hence, the steps to improve the efficiency of employee management are aforementioned.

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Notices provide a cheap way of communicating the same information to a large number of people but they may not be read, or may be ignored. True or false ?

Answers

Answer:

True

Explanation:

Notices can be regarded as a form of

formal communication to pass information to particular person as well as group of people. This could be inform of invitation to attend a meeting, legal notice from court, announcement of a particular event,

an employee can be dismissed if their job surplus to requirements' outline why this state ment is false

Answers

Hiring labour is different from buying other goods and services, and the contract between the employer and the employee is incomplete. It does not cover what the employer really cares about, which is how hard and well the employee works.

Aslam wants to create multiple worksheet containing common formatting styles for his team members. which file extension helps him to save these worksheets? help aslam to create multiple worksheets with common styles. he needs to save them with the extension.

Answers

The file extension that can be used to save the worksheets is Templates because he needs to save them with the .xlts extension.

What is a Worksheet?

This refers to where information is stored and contains a database with data and parameters.

Hence, we can see that because Aslam wants to make multiple worksheets that have a common formatting style for his team members, he would need to use templates that save with the .xlts extension.