Partners Brian,Josh,and Chad Have Average Capital Balances of $7,000,$3,000,and $90,000,respectively

question 111

Multiple Choice

Partners Brian,Josh,and Chad have average capital balances of $7,000,$3,000,and $90,000,respectively.Net income for the year is $12,000.Salary allowances are $14,000 for Brian and $5,000 for Josh.Chad gets 10% interest on his capital balance with the remainder being divided at a 1:1:2 ratio for Brian,Josh,and Chad,respectively.What is Brian's capital balance after distributing the net income? (Assume no change in capital balances during the year. )

• A)$17,000 credit balance
• B)$3,000 debit balance
• C)$10,000 debit balance
• D)$7,000 debit balance

---

Definitions:

Critical Organizational Communication

An analytical approach that examines power, ideology, and inequality within organizational structures and practices.

Metaphors and Humor

Linguistic tools used to convey ideas in more engaging, understandable, or entertaining ways, often through comparison or jest.

Power and Resistance

The dynamics of control and opposition within various contexts, examining how authority is exercised and challenged.

Taylor and Mayo

Refers to the foundational contributions of Frederick W. Taylor and Elton Mayo to the fields of management and organizational theory, focusing on scientific management and human relations, respectively.