Jackson and Campbell have capital balances of $100,000 and $300,000, respectively. Jackson devotes full time and Campbell one-half time to the business. Determine the division of $150,000 of net income when there is no reference to division in partnership agreement
a. $75,000 and $75,000 b. $37,500 and $112,500
c. $100,000 and $50,000 d. $112,500 and $37,500
a
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How should these stock rights be treated in earnings per share calculations for the year ending December 31 . 2012?
a. The stock options are antidilutive and should not be included either in basic and diluted earnings per share. b. The stock options are dilutive and should be included both in basic and diluted earnings per share. c. The stock options are dilutive and should be included both in basic and diluted earnings per share in the amount of 333 shares. d. The stock options are dilutive and should be included only in diluted earnings per share in the amount of 333 shares.
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The Love v. Hardee's Food Systems, Inc case dealt with the responsibility of the owner or possessor of property to an invitee to warn of, remove, or barricade a dangerous condition of the premises
a. True b. False Indicate whether the statement is true or false