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The partnership agreement of Nieto, Keller, and Pickert provides for the subsequent income ratio: (a) Nieto, the managing partner, receives a salary allowance of $36,000, (b) every partner receives 15 percent interest on average capital investment, and (c) remaining net income or loss is divided evenly. The average capital investments for the year were: Nieto $200,000, Keller $400,000, and Pickert $600,000. If partnership net income is $180,000, the amount distributed to Nieto should be? and describe to how did we get the anwer.
The standard hours allowed for real production for the year total and franklin's variable overhead efficiency variance for current year.
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what was the net cash flow from investing activities for Yeager Inc in 20X4 and what would be the effect on the following items after the stock split? Assume the old shares were exchanged for 750,000 new shares.
What type of inventory control system would you suggest to Jim Reed and Type of inventory control system
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