The book value of the partnership equity (i.e., total equity of the partners) on June 30, 2014 is

A) $ 58,000.
B) $ 60,000.
C) $ 84,000.
D) $120,000.

A
Explanation: A) ($28,000 Able capital + $20,000 Baker capital + $12,000 Charlie capital + $10,000 Loan from Charlie - $12,000 Loan to Able)

Business

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The Commission does NOT investigate ethics violations.

a. true b. false

Business

Which statement about MANOVA is not true?

A) MANOVA examines group differences across multiple dependent variables simultaneously. B) In MANOVA, the null hypothesis is that the vectors of means on multiple dependent variables are equal across groups. C) MANOVA is most appropriate if there are multiple dependent variables that are uncorrelated or orthogonal. D) Multivariate analysis of variance is appropriate when there are two or more dependent variables that are correlated.

Business