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Komok [63]
4 years ago
10

Gary, Peter, and Chris and have capital balances of $26,000, $38,000, and $30,000, respectively. As per the partnership agreemen

t, Gary gets a profit share of 2/9; Peter gets 4/9; and Chris gets 3/9. The partnership agrees to pay $20,000 as the final settlement to Gary. How much bonus does Peter receive as a result of this transaction?
A) $3,429

B) $2,667

C) $2,571

D) $3,333
Business
1 answer:
ycow [4]3 years ago
6 0

Answer:

A) $3,429

Explanation:

Bonus capital paid by the new shareholders will be distributed among the Old Partner on the basis of their old sharing ratio

Capital Balance of Peter = $38,000

Settlement amount = $20,000

As we does not have revised profit ratios, Peter and Chris will share profit on their old ratios.

Remaining balance of Gary's capital = $26,000 - $20,000 = $6,000

Peter Share = 4/7 x $6,000 = $3,429

 

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Answer:

$0

Explanation:

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3 years ago
Joanna was laid off from her job 11 months ago. After searching for a job for months, Joanna finds a job but is only offered par
lutik1710 [3]

Answer:

Underemployed.

Explanation:

This is basically explained as not having enough payed job or working part time; it is also explained to not be usually able to maximize your skills or bring the best in you in the nearest future. In some cases it is a situation of insufficient employment pattern towards a skilled man or a worker in any field that is been presented as the case may be.

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3 years ago
What are the two related, but distinct processes involved in approach-oriented emotion-focused coping??
Alekssandra [29.7K]

Answer:

Emotional Processing and Emotional Expression

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<em>i) Emotional processing: </em>reflects how individuals process stress related events and move past them. In the event of re-occurrence of the events, the individuals will not be as disrupted as when the instance first occurred.

<em>ii) Emotional expression: </em>entails communicating and sharing emotions expressly i.e. whether verbally or non-verbally. Expressive writing on emotional disclosure e.g by use of journals, is known to help individuals to overcome previous depressive symptoms.

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4 years ago
Douglas owns rental property that he bought several years ago for $250,000. He has taken depreciation on the house in the amount
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Answer:

Gain= $63,000

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<u>First, we need to calculate the book value:</u>

<u></u>

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Murljashka [212]

Answer:

B). To highlight why the applicant is the perfect candidate for the position

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