In 2013, A

question 59

Multiple Choice

In 2013, A. Mernick and L. Gold entered into a partnership to develop real estate projects. Due to their respective roles in the business, the partnership agreement specifies a two- phase profit split. The first $90 000 will be split in a ratio of 1:2 to Mernick and Gold, respectively. All profits over $90 000 will be split equally. During 2013, the following transactions took place:
Total partnership profit was $110 000. Mernick took withdrawals of $32 000. Gold took withdrawals of $50 000.
How much profit was credited to Mernick's capital account?

• A)$30 000
• B)$22 000
• C)$40 000
• D)$8 000

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Definitions:

Symptoms of Depression

Clinical signs indicative of depression, such as persistent sadness, loss of interest, and changes in appetite or sleep.

Salutary Goal Statements

Declarations that outline beneficial, health-promoting objectives meant to guide actions and decisions.

Subgoals

Specific, achievable objectives that contribute to reaching a larger goal.

Immediacy

The quality of bringing forth a direct, instant sense of presence or importance to the current moment or situation.