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

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Definitions:

SCOR Model

Supply Chain Operations Reference model; a diagnostic tool for supply chain management, covering all business processes and measuring total supply chain performance.

ROA Improvement

Strategies or actions taken to increase the Return On Assets, which measures how efficiently a company uses its assets to generate earnings.

Channel Structure Management

The process of designing, organizing, and monitoring the distribution channels of a company to efficiently move goods or services from producers to end-users.

Supply Chain Process

The series of steps involved in producing and distributing goods or services, from raw material acquisition to delivery to the end user.