Mathew,Patrick,and Robin and Have Capital Balances of $75,000,$125,000 and $93,000,respectively

question 168

Multiple Choice

Mathew,Patrick,and Robin and have capital balances of $75,000,$125,000 and $93,000,respectively.As per the partnership agreement,Mathew gets a profit share of 2/9; Patrick gets 4/9; and Robin gets 3/9.Partnership agrees to pay $65,000 as final settlement to Mathew.How much bonus will Robin receive as a result of this transaction? (Do not round intermediate calculations and round the final answer to the nearest dollar.)

• A) $5714
• B) $4286
• C) $5556
• D) $4444

Understand the process of data collection and the categorization of survey questions.

Comprehend the significance of variable manipulation in experimental designs.

Recognize the role of pretesting and pilot studies in enhancing research design.

Identify the importance of correlational studies and understand correlation coefficients.

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Definitions:

Customs

Traditional practices or behaviors regularly observed by a group of people or within a particular place.

Typologies

The systematic classification of types that have common characteristics.

Utilitarian

A philosophical approach that emphasizes the outcome or consequences of actions in terms of their benefits or utility, often summarized as the greatest good for the greatest number.

Passive-Congenial

A term possibly related to passive behaviors or traits within congenial (friendly and pleasant) settings or relationships, though not a widely recognized key term.