Examlex

Solved

White, Sands, and Luke Has the Following Capital Balances and Profit

question 3

Multiple Choice

White, Sands, and Luke has the following capital balances and profit and loss ratios:
$60,000 (30%) , $100,000 (20%) and $200,000 (50%) .
The partnership has received a predistribution plan.

-How would $90,000 be distributed?  White  Sands  Luke  A)  $15,000$25,000$50,000 B)  $0$18,947$71,053 C)  $0$40,000$50,000 D)  $0$10,588$79,412 E)  $27,000$18,000$45,000\begin{array}{|l|l|r|l|}\hline &{\text { White }} &{\text { Sands }} & \text { Luke } \\\hline \text { A) } & \$ 15,000 & \$ 25,000 & \$ 50,000 \\\hline \text { B) } & \$ \quad 0 & \$ 18,947 & \$ 71,053 \\\hline \text { C) } & \$ \quad 0 & \$ 40,000 & \$ 50,000 \\\hline \text { D) } & \$ \quad 0 & \$ 10,588 & \$ 79,412 \\\hline \text { E) } & \$ 27,000 & \$ 18,000 & \$ 45,000 \\\hline\end{array}

Understand the concepts of different feeding mechanisms in animals.
Comprehend the role and production of saliva and its functions in digestion.
Grasp the basic movements and processes within the digestive tract.
Identify the roles of various cells and enzymes in the digestive system.

Definitions:

Non-OPEC Oil

Crude oil produced by countries that are not members of the Organization of the Petroleum Exporting Countries (OPEC).

World Market

A global marketplace where goods, services, and financial assets are traded across countries.

Collusive Output Level

Refers to the production level agreed upon by firms in collusion, aiming to maximize their joint profits by acting like a monopoly.

Online Brokerage Firms

Companies that provide a platform for buying and selling securities over the Internet without providing investment advice.

Related Questions