{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-27T20:06:41-04:00", "answer_date": "2024-05-27 20:06:41", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1798531", "url": "\/study-help\/questions\/required-information-the-following-information-applies-to-the-questions-displayed-1798531", "question_creation_date_js": "2024-05-27T20:06:41-04:00", "question_creation_date": "May 27, 2024 08:06 PM", "meta_title": "[Solved] Required information [The following infor | SolutionInn", "meta_description": "Answer of - Required information [The following information applies to the questions displayed below.] Ramer and Knox began a part | SolutionInn", "meta_keywords": "required,information,applies,questions,displayed,below,ramer,knox,began,partnership,investing,$68,000", "question_title_h1": " Required information [The following information applies to the questions displayed below.] Ramer and Knox began a partnership by investing $68,000 and $102,000, respectively. During", "question_title": " Required information [The following information applies to the questions displayed below.]", "question_title_for_js_snippet": "Required information The following information applies to the questions displayed below Ramer and Knox began a partnership by investing $68,000 and $102,000, respectively During its first year, the partnership earned $205,000 Prepare calculations showing how the $205,000 income is allocated under each separate plan for sharing income and loss 2 The partners agreed to share income and loss in proportion to their initial investments Net income is $205,000 (Do not round intermediate calculations ) Ramer's Share Fraction to Allocate Knox's Share of Total Income Income Fraction to Allocate Ramer of Income Knox Allocated", "question_description": "\"image", "transcribed_text": "Required information [The following information applies to the questions displayed below.] Ramer and Knox began a partnership by investing $68,000 and $102,000, respectively. During its first year, the partnership earned $205,000. Prepare calculations showing how the $205,000 income is allocated under each separate plan for sharing income and loss. 2. The partners agreed to share income and loss in proportion to their initial investments. Net income is $205,000. (Do not round intermediate calculations.) Ramer's Share Fraction to Allocate Knox's Share of Total Income Income Fraction to Allocate Ramer of Income Knox Allocated", "related_book": { "title": "Survey of Accounting", "isbn": "978-1259683794, 77490835, 1259683796, 9780077490836, 978-0078110856", "edition": "3rd Edition", "authors": "Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/118.jpg", "uri": "\/textbooks\/survey-of-accounting-3rd-edition-118", "see_more_uri": "" }, "free_related_book": { "isbn": "1910174270", "uri": "\/textbooks\/business-strategy-for-water-challenges-from-risk-to-opportunity-1st-edition-978-1910174272-170563", "name": "Business Strategy For Water Challenges From Risk To Opportunity", "edition": "1st Edition" }, "question_posted": "2024-05-27 20:06:41", "see_more_questions_link": "\/study-help\/questions\/business-management-leadership-2023-June-05", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/1think-about-the-evolution-of-the-food-industry-what-was-658170", "description": "1.think about the evolution of the food industry, What was it in the past, and what will it be in the future? How will the 4 p's of marketing evolve within the industry you selected? 2.What is one...", "stars": 3 }, { "url": "\/the-following-projects-are-being-considered-by-the-corporate-investment", "description": "The following projects are being considered by the Corporate Investment Committee who has an investment budget of $1,000,000. The budget restriction is for the upfront investments in the current year...", "stars": 3 }, { "url": "\/study-help\/statistics-informed-decisions-using-data\/for-the-values-4-8-23-43-12-11-32-1930618", "description": "For the values 4, 8, 23, 43, 12, 11, 32, 15, 6, 29, verify that the McKeanSchrader estimate of the standard error of the median is 7.57.", "stars": 3 }, { "url": "\/study-help\/psychology\/habit-survey-interview-three-people-who-have-changed-a-bad-1982599", "description": "Habit Survey Interview three people who have changed a bad habit into a healthy habit. How did they achieve their success? How long did it take? Did they ever have a relapse? If so, what did they...", "stars": 3 }, { "url": "\/arthur-katz-testified-for-the-us-government-in-a-stock", "description": "Arthur Katz testified for the U.S. government in a stock manipulation case. He also pled guilty and testified against three of his law partners in an insurance fraud case. He received a six-month...", "stars": 3 }, { "url": "\/study-help\/questions\/need-help-formatting-my-html-table-instructions-add-an-embedded-9924504", "description": "NEED HELP FORMATTING MY HTML TABLE INSTRUCTIONS: Add an embedded style section to the head element of this document and add style declarations to do the following: - Center the content in the h1...", "stars": 3 }, { "url": "\/study-help\/questions\/hi-i-need-help-on-what-is-the-answer-to-3502994", "description": "Hi I need help on what is the answer to this problems? Below is the question and other concerns will be in the comment section . I hope you can help me and surely I will give you full positive...", "stars": 3 }, { "url": "\/study-help\/questions\/why-is-the-government-responsible-for-longterm-care-or-your-1000367", "description": "Why is the government responsible for long-term care? Or your parents or neighbors or friends LTC needs and costs? At the tune of $40,000 a year for a long-term care stay for skilled nursing who is...", "stars": 3 }, { "url": "\/study-help\/questions\/the-quality-manager-of-a-computer-services-company-wants-to-1000562", "description": "The quality manager of a computer services company wants to create a specification for the amount of time it takes the company to respond to problems reported by customers. The goal time limits is 10...", "stars": 3 }, { "url": "\/study-help\/questions\/develop-two-2-action-areas-to-focus-on-in-order-1000969", "description": "Develop two (2) action areas to focus on in order to achieve your next level of business leadership (i.e., the job description you previously discussed in your career plan, Part 2). Specifically, you...", "stars": 3 }, { "url": "\/study-help\/questions\/1-would-you-continue-using-only-an-inside-sales-model-1001998", "description": "1. Would you continue using only an inside sales model, or would you add a field sales function to seek out large enterprise customers What are the benefits, costs, and or limitations of an inside...", "stars": 3 }, { "url": "\/study-help\/questions\/update-staff-on-change-management-processes-make-some-changes-to-1002261", "description": "Update staff on change management processes Make some changes to your Communication and Education Plan based on your own recommendations and inform staff of what these changes are. Changes must be...", "stars": 3 }, { "url": "\/study-help\/questions\/assume-the-following-information-for-a-company-that-produced-and-8354212", "description": "Assume the following information for a company that produced and sold 10,000 units during its first year of operations: Using absorption costing, what is the company's unit product cost", "stars": 3 }, { "url": "\/study-help\/federal-taxation\/pedro-bourbone-is-the-founder-and-owner-of-a-highly-806617", "description": "Pedro Bourbone is the founder and owner of a highly successful small business and, over the past several years, has accumulated a significant amount of personal wealth. His portfolio of stocks and...", "stars": 3 }, { "url": "\/study-help\/business-statistics\/ga-golf-ball-specifications-according-to-the-us-golf-association-1653681", "description": "GA golf ball specifications. According to the U.S. Golf Association (USGA), The weight of the [golf] ball shall not be greater than 1.620 ounces avoirdupois (45.93 grams). The diameter of the ball...", "stars": 3 }, { "url": "\/study-help\/business-statistics\/given-that-x-is-a-random-variable-for-which-a-1653676", "description": "Given that x is a random variable for which a Poisson probability distribution provides a good approximation, compute the following: a. P1x 12 when = 1 b. P1x 12 when = 2 c. P1x 12 when = 3 d....", "stars": 3 }, { "url": "\/study-help\/business-statistics\/refer-to-exercise-487-a-graph-the-probability-distribution-b-1653677", "description": "Refer to Exercise 4.87. a. Graph the probability distribution. b. Find the mean and standard deviation of x.", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/determining-amounts-to-be-paid-on-invoices-determine-the-amount-1798530", "next": "\/study-help\/questions\/cost-of-goods-manufactured-for-a-manufacturing-company-two-items-1798532" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": " Required information [The following information applies to the questions displayed below.]", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/required-information-the-following-information-applies-to-the-questions-displayed-1798531" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } } } }