Bobbi and stuart are partners. the partnership capital of bobbi is $45,800 and that of stuart is $76,800. bobbi sells his interest in the partnership to john for $63,100. the journal entry to record the admission of john as a new partner would include a a. a credit to john's capital for $40,000 and a credit to stuart's capital for $10,000
b. a credit to john's capital for $40,000
c. a credit to stuart's capital for $10,000
d. a credi o john's capital for $50,000

The green fiddle has declared a $5 per share dividend. suppose capital gains are not taxed, but dividends are taxed at 15 percent. new irs regulations require that taxes be withheld at the time the dividend is paid. green fiddle stock sells for $71.50 per share, and the stock is about to go ex-dividend. what will the ex-dividend price be?

Turtle corporation produces and sells a single product. data concerning that product appear below: per unit percent of sales selling price $ 150 100 % variable expenses 75 50 % contribution margin $ 75 50 % the company is currently selling 5,600 units per month. fixed expenses are $194,000 per month. the marketing manager believes that a $5,300 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales. what should be the overall effect on the company's monthly net operating income of this change?

Ryngard corp's sales last year were $38,000, and its total assets were $16,000. what was its total assets turnover ratio (tato)? a. 2.04b. 2.14c. 2.26d. 2.38e. 2.49