Mack and Ruben Are Partners Operating an Electronics Repair Shop

question 18

Multiple Choice

Mack and Ruben are partners operating an electronics repair shop. For 2017, net income, after salaries expense of $150,000 was $50,000. Mack and Ruben have salary allowances of $90,000 and $60,000, respectively, and remaining profits and losses are shared 6:4. The division of salaries and profits in total to Mack and Ruben would be:

• A) $30,000 and $20,000
• B) $50,000 and $-0-
• C) $120,000 and $80,000
• D) $25,000 and $25,000

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Definitions:

Leisure Time

Free time spent away from work, chores, and other obligatory activities, often for relaxation, entertainment, or hobbies.

Interactive Media

Digital systems and services that respond to user inputs, allowing for real-time communication, engagement, and manipulation of data or content.

Emotional Responses

The feelings and reactions that emerge in response to stimuli, reflecting an individual's psychological state.

Social Disorganization

A problem in distressed communities that includes weak social cohesion (lack of trust and connection among community members), poor neighborhood climate (fear related to crime and violence), and perceived racism.