Answer:
D. $ 250,000
Explanation:
The total capital of Albert, Bert and Conell is:
$500000 + $300000 + $200000 = $1000000
given that Daniel will have 20% share in partnership.
So total capital of the partnership after admission of Daniel will be calculated as follows:
($1000000×100)/80 = $ 1250000
Daniel will invest:
$1250000 – $1000000 = $250,000
Answer:
Prepayment penalty
Explanation:
A prepayment penalty is charged when a borrower significantly writes down or offset his loan earlier than as planned in the loan agreement , especially within the first five year of taking the loan. Some lenders restrict repayment to a certain value before you can be fined.It serves as a form of security on the lenders interest income.
It is calculated on the outstanding loan balance which mean the longer you owe , the less your penalty and vice versa.
On the side of the borrower , accepting the clause in the loan agreement always come with a lower interest on loan
Straight line depreciation (D) is computed as follows:
D= (purchase cost of an asset- its expected salvage value)/ the number of years of its expected useful life.
In the case of the old machine sold by Nicklaus Company, depreciation (D) in dollars is:
D = (160,000-0)/10
D= 160,000/10
D= 16,000 per year
Since the machine was bought on June 30, 2003, and was sold on January 1, 2009, its total depreciation value (TD) for the 6 and half years that it was used is:
TD = 16,000 x 6.5
TD= 104,000
Cost of the asset on time of sale, therefore, is 160,000-104,000=56,000
<span>Since the company sold it at only $52,000, recorded loss will be $4,000 (56,000-52,000). </span>
Answer:
Private savings = $360 trillion
Explanation:
Private savings is a summation of household and business savings. When there is economic growth there is stimulation of private savings, people have more money to save.
Private savings also drives economic growth because people have more money to invest in businesses that will have a higher output.
In a closed economy the formula for private savings is
Private savings = Y + TR - C - T
Private savings= 1414 trillion + 0 - 1010 trillion - 44 trillion
Private savings = $360 trillion
E marketplace can take two different formats, which are Independent trading communities and private exchange.
Usually, the transaction in independent trading communities will be easily visible by others while private exchange tend to be more secretive
hope this helps
