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Joe Smith owned a NFL collectibles business named Joe’s Pig Skin. In 1994, Joe brought Adam Ant and Bobbi Brown into the business which they reformed as a partnership named Joe’s Skin Collectibles. Joe contributed as capital to the partnership inventory and supplies of the old business, valued at 20,000. Adam and Bobbi each contributed 13,332 in cash to the partnership, and each paid $6,666 to Joe for his rights in the existing business. The partners agreed to share profits and losses with 52% going to Joe and 24% each going to Adam and Bobbi. Less than a year later, Joe dies and his wife sought to receive the value of his interest in the partnership. An accountant valued the partnership at $89,178.88. The partnership’s creditors were the accountant for $1,750, Mrs. Smith for $990, Adam for $4,374 and Bobbi $1,800. What was the value of the Smith’s partnership interest?
Management would like to see your proposal for a BCP exercise scenario first. Draft a 1-2 page proposal for a BCP exercise with the following information:
Describe the balance that you currently seek between career and family life. Do you believe that the mindset of corporate America is conducive to the type of work and family arrangement that would suit you? Explain the major reasons why or why not..
"Traditional Training Methods" Please respond to the following: Assess key roles of training method as it applies to today’s virtual era. Provide examples from the scenario and the textbook to support your rationale.
A canning company uses approximately 40,000 glass jars per month for its products. Because of storage limitations, a lot size of 10,000 jars has been used. The monthly holding cost of one jar is $1.20, and ordering cost is $300 per order. What penalt..
The roof in Rosalyn’s house springs a leak. She contracts with Shelter Roofing & Restoration Company to repair the roof and fix the damage to the house. Rosalyn pays 10 percent of the price in advance. Shelter Roofing does the work, but Rosalyn refu..
critically analyse the theory concepts and models of operations and information management demonstrate an understanding
How much space will be left unused AND How many minutes of idle time remaining for setting up the display
Illustrate what do you do if you believe that ethical behaviour requires you to maximize Jay-Mart's profits.
Perhaps because workers are being given some positive attention, as indicated by the Hawthorne studies years ago, after this change, production increased to 18,500 units per day.
Alliance, Inc. sells gas lamps to consumers through retail outlets. Total industry sales for Alliances relevant market last year were $100 million, with Alliances sales representing 5% of that total. Contribution margin is 25%. The marketing manager ..
A scholar- practitioner is a rare breed because most of the time the person is either very good at the application of their position or very good at conducting research. In what ways do you measure scholarship in your classroom? In what ways do these..
Prepare a master schedule given this information: It is now the end of week 1; customer orders are 25 for week 2, 16 for week 3, 11 for week 4, 8 for week 5, and 3 for week 6. Use the MPS rule of ordering production when projected on-hand inventory w..
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