【单选题】John Brown invested in his new firm $8 600 in cash, $4 000 worth of supplies, equipment and machinery valued at $12 000, and a $5 000 notes payable based upon the equipment and machinery. What is the ...
A.
Owner ’ s capital=19,600 Assets=8,600+4,000+12,000=24,600 Liability=5,000
B.
Owner ’ s capital=19,600 Assets=8,600+4,000+12,000=24,600 Liability=19,600
C.
Owner ’ s capital=5,000 Assets=8,600+4,000+12,000=24,600 Liability=5,000
【单选题】In a certain growth fund, 3/5 of the investment capital is invested in stocks, and of that portion, 1/3 is invested in preferred stocks. If the mutual fund has $846,000 invested in preferred stocks, w...
【单选题】Ben and Bob Partners report profit of $30,000. The profit-and-loss-sharing ratio is: salary of $10,000 to Ben and $5,000 to Bob; and the remainder shared equally. The division of profit to each partne...