Emily and Kelly formed the EK Partnership to sell athletic apparel on January 1, year 1. The business acquired $140,000 cash from Emily and $60,000 cash from Kelly. During
year 1, the EK Partnership earned $124,000 in cash revenues and paid $34,000 in cash
expenses. Emily withdrew $7,000 from the business and Kelly withdrew $3,000. The
net income was allocated to the capital accounts of the partners in proportion to the
amounts of their original investment.
Prepare a capital statement for the EK Partnership. What are the year-end balances in
the each partner's capital account?

What is an example of a good stock to buy during economic expansion? a) cyclical stock b) defensive stock c) income stock d) bond

Carrie works at a canned food production factory. the government wanted to give a boost to the salt industry, so it lined up numerous subsidies and tax exemptions for the sector. this lead to a decrease in production costs. this also meant that consumers could access canned foods at a lower price, which lead to an increase in demand for the product. which kind of economic system is carrie’s company dealing with? carrie’s company is dealing with a/an economy.

Emery pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. emery uses 825 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $48 per order. the cost schedules of two suppliers are as follows: vendor 1 vendor 2 quantity price/lb quantity price/lb 1-499 $17 1-399 $17.10 500-999 $16.75 400-799 $16.85 1000+ $16.50 800-1199 $16.60 1200+ $16.25 (a) what is the economic order quantity for each supplier? (b) what quantity should be ordered and which supplier should be used? (c) the total cost for the most economic order sire is $