Goodman, Pinkman, and White formed a partnership on January 1, 2020, and made capital contributions of $125,000 (Goodman), $175,000 (Pinkman), and $250,000 (White), respectively. With respect to the division of income, they agreed to the following: (1) interest of an amount equal to 10% of the that partner’s beginning capital balance for the year; (2) annual compensation of $15,000 to Pinkman; and (3) the remainder of the income or loss to be split among the partners in the following percentages: (a) 20% for Goodman; (b) 40% for Pinkman; and (c) 40% for White. Net income was $200,000 in 2020 and $240,000 in 2021. Each partner withdrew $1,500 for personal use every month during 2020 and 2021.What was the remainder portion of net income allocated to White for 2021?

A local partnership has assets of cash of $5,000 and a building recorded at $80,000. All liabilities have been paid. The partners’ capital accounts are as follows Harry $40,000, Landers $30,000 and Waters $15,000. The partners share profits and losses 4:4:2.If the building is sold for $50,000 and there are no liquidation expenses what amount should Harry receive in the final settlement?

The forward rate may be defined as

Under the temporal method, property, plant & equipment would be remeasured at what rate?

A client is admitted with the diagnosis of hyperosmolar hyperglycemic nonketotic syndrome (HHNKS) following steriods therapy.  Which of the following symptoms are associated with HHNKS?  Select all that apply.

A nurse is caring for a client who has acute osteomyelitis.  The client asks the nurse to explain how she developed the infection.  The nurse should respond that which of the following organisms is the most common cause?

A company has a discount on a forward contract for a foreign currency denominated asset. How is the discount recognized over the life of the contract under fair value hedge accounting?

A nurse is reinforcing discharge teaching with a client who had wound debridement for osteomyelitis.  Which of the following information should the nurse include?

An historical exchange rate for common stock of a foreign subsidiary is best described as

The client is diagnosed with end-stage renal disease (ESRD) has developed anemia.  Which would the nurse anticipate the HCP prescribing for this client?