The Following Information Is Available on TGR Enterprises,a Partnership,for the Most

question 42

Multiple Choice

The following information is available on TGR Enterprises,a partnership,for the most recent fiscal year:
$\begin{array}{ll}\text { Total partnership capital at beginning of the year } & \$ 180,000 \\\text { Partnership net income for the year } & \$ 150,000 \\\text { Withdrawals by partners during the year } & \$ 120,000 \\\text { Additional investments by partners during the year } & \$ 60,000\end{array}$

There are three partners in TGR Enterprises: Tracey,Gregory and Rodgers.At the end of the year,the partners' capital accounts were in the ratio of 2:1:2,respectively.Compute the ending capital balances of the three partners.

• A) Tracey = $108,000; Gregory = $54,000; Rodgers = $108,000.
• B) Tracey = $90,000; Gregory = $90,000; Rodgers = $90,000.
• C) Tracey = $204,000; Gregory = $102,000; Rodgers = $204,000.
• D) Tracey = $84,000; Gregory = $102,000; Rodgers = $84,000.
• E) Tracey = $60,000; Gregory = $30,000; Rodgers = $60,000.

Comprehend the importance of summarizing key points and recommendations in closing a proposal.

Learn how to facilitate reader navigation in long documents through effective use of headings and links.

Acknowledge the importance of reviewing arguments, reader benefits, and approach merits in the proposal's body and close.

Understand strategies for developing online content that meets the readers' scanning and skimming behaviors.

---

Definitions:

Contingency-Fee Case

A legal case where the attorney's fees are contingent upon winning the case, typically paid as a percentage of the settlement or judgment.

Billable Hours

The hours that professionals, especially in legal and consultancy practices, charge their clients for, reflecting the amount of time spent working on client cases.

Nonbillable Hours

Time spent by professionals, like lawyers or consultants, on activities that cannot be directly charged to a client.

Maximize

To increase something to its greatest potential or highest possible level.