Meir, benson, and lau are partners and share income and loss in a 2: 3: 5 ratio. the partnership's capital balances are as follows: meir, $78,000; benson, $119,000; and lau, $203,000. benson decides to withdraw from the partnership, and the partners and the partners agree not to have the assets revalued upon benson's retirement. prepare the journal entry to record benson's withdrawal from the partnership under each of the following independent assumptions. (do not round intermediate calculations.) benson (a) sells her interest to north for $160,000 after meir and lau approve the entry of north as a partner; (b) gives her interest to a son-in-law, schmidt, and thereafter meir and lau accept schmidt as a partner; (c) is paid $119,000 in partnership cash for her equity; (d) is paid $157,000 in partnership cash for her equity; and (e) is paid $14,000 in partnership cash plus equipment recorded on the partnership books at $34,000 less its accumulated depreciation of $11,600.

Who is not spending wisely? erika goes shopping and saves her receipts. she totals how much she spent and writes it down. mia needs to buy a new pair of shoes because she joined the soccer team. she looks at newspaper ads to find the best price. lauren has been thinking about getting a puppy for a long time. she walks by the pet store at the mall and decides to get a puppy. erin makes a purchase online using a credit card. she knows that she can pay the entire bill when it arrives.

The following selected circumstances relate to pending lawsuits for erismus, inc. erismus’s fiscal year ends on december 31. financial statements are issued in march 2019. erismus prepares its financial statements according to u.s. gaap. required: indicate the amount erismus would record as an asset, liability, or not accrued in the following circumstances. 1. erismus is defending against a lawsuit. erismus's management believes the company has a slightly worse than 50/50 chance of eventually prevailing in court, and that if it loses, the judgment will be $1,000,000. 2. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages could fall anywhere in the range of $2,000,000 to $4,000,000, with any damage in that range equally likely. 3. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages will eventually be $5,000,000, with a present value of $3,500,000. 4. erismus is a plaintiff in a lawsuit. erismus's management believes it is probable that the company eventually will prevail in court, and that if it prevails, the judgment will be $1,000,000. 5. erismus is a plaintiff in a lawsuit. erismus’s management believes it is virtually certain that the company eventually will prevail in court, and that if it prevails, the judgment will be $500,000.

Suppose a country's productivity last year was 84. if this country's productivity growth rate of 5 percent is to be maintained, this means that this year's productivity will have to be: