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Vinil7 [7]
2 years ago
14

Three individuals in a partnership agree to divide the profit equally. X invests $4500, Y invests $3500, and Z invests $2000. Th

e profit is $2400
Business
1 answer:
andrezito [222]2 years ago
8 0

each partner will get $ 800

<h3>What is  partner?</h3>

A partner is a member of a partnership, which is a legal entity in which the profits and losses of a business or other venture are shared by all members. Corporations prefer partnerships because of their tax structure, which eliminates dividend taxes on owner profits.

A partner is a co-owner of a partnership, which is a type of business entity recognized by the law.

Dormant/Sleeping Partner.... 3] Nominal Partner.... 4] Partner by Estoppel.... 5] Profits Only Partner.... 6] Minor Partner.

General collaboration. A general partnership is the most fundamental type of partnership.

Limited liability company. Limited partnerships (LPs) are state-authorized business entities. ...

Limited liability company...

Limited partnership with limited liability.

To know more about  partner follow the link:

brainly.com/question/25641198

#SPJ4

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Three reasons why people might accidentally overdraw are:
Schach [20]

Explanation:

Before answering the question, we need to know what overdraw means. So overdraw is basically the drawing the excess of money which the account of a person actually holds. In simple words, when the money in someone account is more than the amount he thinks. He thinks he has more amount in his account and when he tries to withdraw, he comes to know the real amount. This could be because of many reasons, three of which are as follows:

They withdraw the amount from ATM and they may not record it. secondly they may have made a mistake in their arithmetic while estimating their equity, and thirdly, they might have forgotten to make a deposit.

All these reasons could be the reason for overdraw.

4 0
3 years ago
Two-Stage ABC for Manufacturing: Reassigning Costs to Cost Objectives National Technology, LTD. has developed the following acti
Verizon [17]

Answer:

$27,541

Explanation:

Calculation to Determine the activity cost

Activity Cost

Set-up $75.00

Movement:

Batch 60V $66

(Three batch moves *22.00 per batch)

Weight $750

(150 pounds*0.10 per pound*50)

Inspection $200

(Two sets of inspections*50*2.00 per unit)

Drilling $750

(3.00 per hole*five holes in each unit*50)

Welding $24,000

(6.00 per inch*80*50)

Shaping $800

(32.00 per hour*(30 minutes/60)*50)

Assembly $900

(18.00 per hour*1*50)

Total $27,541

Therefore the activity cost is $27,541

3 0
2 years ago
A special repair to a machine will extend the life of the machine an additional four years beyond the original estimated life of
Bumek [7]

Answer:

C. A capital expenditure.

Explanation:

This is an example of a capital expenditure as it makes significant improvements to the machines and extends the life considerably.

These types of expenses are capitalized in the balance sheets under the original asset name and the asset is revalued by the improvement cost and stated at net book value + improvement.

Revised depreciation is then calculated on this new NBV as applicable with increased life of asset.

Hope that helps.

6 0
3 years ago
Entry for Factory Labor Costs A summary of the time tickets is as follows: Job No. Amount 100 $3,460 101 2,870 104 5,260 108 5,9
trapecia [35]

Answer:

DR Work in Progress Account $39,650

DR Factory Overhead Account $18,440

CR Wages Payable $58,090

(To record factory Labor Costs)

Workings

Work in Progress

Standard policy is to send the direct cost of Labor to the Work in Progress Account.

The Total direct cost of labor are all of the above except the Indirect cost.

= 3,460 + 2,870 + 5,260 + 5,950 + 3,630 + 2,380 + 16,120

= $39,650

8 0
3 years ago
T
Rufina [12.5K]

Answer:

The risk of recession will most likely cause the company's shareholders to demand a higher return.

Explanation:

If the company loses some customers, more might be attracted to the company. However, if the prices drop, the price might stay low and cause the financial value of stock to drop. Once the stock drops, the entire company loses money along with their stock, which is determined by their profit and loss.

8 0
3 years ago
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