If i understand your question properly, you want to determine how much each partner wiil have based on the sharing ratio.
Answer:
Alex- $40,000
Brad- $30,000
Carl- $30,000
Explanation:
For a net loss of $100,000 shared between partners in the ratio 4:3:3, the value of each partner's ratio can be calculated as seen below.
Step 1: Add the ratios
i.e; 4 + 3 + 3 = 10
Step 2: Calculate the value of each ratio in $100,000 using te formula
(ratio value ÷ total ratio) × $100,000
For Alex, we have
(4 ÷ 10) × $100,000
= 0.4 × $100,000
= $40,000
For Brad, we have
(3 ÷ 10) × $100,000
= 0.3 × $100,000
= $30,000
For Carl, we have
(3 ÷ 10) × $100,000
= 0.3 × $100,000
= $30,000
N.B: To confirm if the value of each ratio is correct, you can add up the values to see if it makes $100,000. If it doesn't, then the calculatio is wrong.
Adding the value of the ratios, we have $40,000 + $30,000 + $30,000 = $100,000.
i hope this helps
Answer:
Answer is B
Explanation:
Cash flow = Net Income + Adjustment for Non-Cash expenses
So we must first calculate the Net Income for the second year using the Profit and Loss Statement format:
Year 2
Revenue $400,000
Less Expenses ($220,500)
Less Depreciation ($ 20,000)
Profit before Tax $159,500
Less Tax ($54,230) {34% of Profit before Tax}
Net Income $105,270
Add Depreciation $20,000
Cashflow $125, 270
{Remember Depreciation is a non cash expense, so we must add it to the Net income to arrive at the cash flow}
(Remember the company expects no change in revenue)
Answer:
B) adaptive
Explanation:
Based on the scenario being described it can be said that this form of expectations formation is known as adaptive expectations. These are expectations formed from a process in which individuals predict what will most likely occur in the future based on the data of what has already happened in the past.
In this case it is a realistic view of the work. The manager makes it clear what the company intends with the employee. She explains that employment can offer good chances for professional growth, but also makes it clear that this will happen due to employee performance and consistent work. It is a realistic view of the job by presenting the benefits and duties of the employee.
Answer:
$122,000
Explanation:
Net worth refers to total assets minus total liabilities.
Therefore, the net worth of this customer can be calculated as follows:
Assets = Existing assets + A new car - Withdraw from existing checking account = $436,000 + $35,000 - $5,000 = $466,000
Liabilities = Existing liabilities + Borrowing from auto fiance company = $314,000 + $30,000 = $344,000
Net worth = Assets - Liabilities = $466,000 - $344,000 = $122,000.
