Suppose that area A is .15 and area B is .35 –from this, what is the Gini coefficient? (ROUND to two digits behind the decimal in your answer.)
Name this functional group: -SH _______ Concerning water, is…
Name this functional group: -SH _______ Concerning water, is -SH hydrophilic or hydrophobic? _______ In which organic molecule type will -SH be found? _______
The Mercantilists believed that both imports and exports wer…
The Mercantilists believed that both imports and exports were good, because it allowed countries to specialize on those activities for which they had the comparative advantage.
The following account balances were available fo…
The following account balances were available for the Perry, Quincy, and Renquist partnership just before it entered liquidation: Cash $ 90,000 Liabilities $ 170,000 Noncash assets 300,000 Perry, capital 70,000 Quincy, capital 50,000 Renquist, capital 100,000 Total $ 390,000 Total $ 390,000 Included in Perry’s Capital account balance is a $20,000 partnership loan owed to Perry. Perry, Quincy, and Renquist shared profits and losses in a ratio of 2:4:4. Liquidation expenses were expected to be $15,000. All partners were insolvent. For what amount would the noncash assets need to be sold in order for Quincy to receive some cash from the liquidation? A) Any amount in excess of $170,000. B) Any amount in excess of $190,000. C) Any amount in excess of $260,000. D) Any amount in excess of $280,000. E) Any amount in excess of $300,000.
The capital account balances for Donald & Hanes LLP on Janua…
The capital account balances for Donald & Hanes LLP on January 1, 2021, were as follows: Donald, capital $ 200,000 Hanes, capital 100,000 Donald and Hanes shared net income and losses in the ratio of 3:2, respectively. The partners agreed to admit May to the partnership with a 35% interest in partnership capital and net income. May invested $100,000 cash, and no goodwill was recognized. What is the balance of May’s capital account after the new partnership is created? A) $84,000. B) $100,000. C) $140,000. D) $176,000. E) $200,000.
Name this functional group: -COOH _______ Concerning water,…
Name this functional group: -COOH _______ Concerning water, is -COOH hydrophilic or hydrophobic? _______ In which organic molecule type does -COOH predominate? _______
The Allen, Bevell, and Carter partnership began the process…
The Allen, Bevell, and Carter partnership began the process of liquidation with the following balance sheet: Cash $ 25,000 Liabilities $ 175,000 Noncash assets 500,000 Allen, capital 90,000 Bevell, capital 100,000 Carter, capital 160,000 Total $ 525,000 Total $ 525,000 Allen, Bevell, and Carter share profits and losses in a ratio of 3:2:5. Liquidation expenses are expected to be $14,000.Assuming that the noncash assets were sold for $150,000, which partner(s) would have been required to contribute assets to the partnership to cover a deficit in his or her capital account, prior to considering the liquidation expenses incurred? A) Allen. B) Bevell. C) Carter. D) Allen and Carter. E) Allen and Bevell.
The boys created risk and uncertainty for themselves by:
The boys created risk and uncertainty for themselves by:
We know that country X has an income distribution that is hi…
We know that country X has an income distribution that is highly equal. Its gini coefficient is more likely to be something like .87 than .22.
The graph above illustrates a Lorenz curve. The % of the pop…
The graph above illustrates a Lorenz curve. The % of the population is on the horizontal axis and the % of income is on the vertical axis. Which of the following is correct? CHOOSE ALL THAT APPLY.