Answer:
Cor's share of Cor-Eng's 20X1 net income is $60,000
Explanation:
Partnership Table
Cor$ Eng$ Total$
Ratio 60% 40% 100%
Assets 60,000 20,000 80,000
Goodwill 40,000 40,000
Initial Capital balance 60,000 60,000 120,000
Add: Net income 15,000 10,000 25,000
Less: Drawing -3,000 -9,000 -12,000
Year End balance 72,000 61,000 133,000
Answer : Product positioning is a form of marketing that presents the benefits of your product to a particular target audience. Through market research and focus groups, marketers can determine which audience to target based on favorable responses to the product.
step by step explanation :
Answer:
Financial metrics reveal characteristics of economic data sets that might not be apparent from a single view of the numbers. Financial metrics deals with the economic data and each metrics has a unique message about a body of economic data. Examples of financial metrics include: profitability, account receivable aging and days sales outstanding (which tells how many days, on average , it takes to receive payment from the invoice date)
Non-financial metrics can serve as leading indicators of future financial performance and can provide insight as to organisation's impact on stake holders and society. Non-financial metrics can be used to understand why certain financial results occurred, and what needs to be changed in order to improve. Examples of non-financial metrics include: company reputation, competitiveness, innovation and customer influence and value.
Answer: 1) 2000/yr, 3000/yr, 4000/yr
2) y = ax + b
3) 7.5yrs, 6.7yrs
Explanation:
We need first to know what exactly is the rate of increase for each level of employee over time. Also a mathematical model that will allow to input the number of years the employee has been working and give back their current salary. Finally, the years of working Level 1 employee should expect to be promoted to Level 2 and after how many years of working Level 2 employee be promoted to a Level 3.
Solution:
Rate of increase( slope) = increase/number of years.
Level 1
(19000 - 15000)/2 =4000/2 = 2000/year
Level 2
(36000 - 30000)/2 = 6000/2 = 3000/year
Level 3
(58000 - 50000)/2 = 8000/2 =4000/year
Mathematical model: y = ax + b
Where y = current salary
X = number of years
a = slope
b = starting salary
Number of years of promotion:
Level 1
30000 = 2000x + 15000
X = 7.5yrs
Level 2
50000 = 3000X + 30000
X = 6.7yrs
