Answer:
The profit is shared among the partners according to the ratio given in the partnership deed.
This can be agreed in two ways according to the agreement deed:
1) The profits could be shared according to the partnership deed equally or whatever ratio is given in the deed.
2) As Lyle provides services as an architect, draftsperson, and business manager he can be paid separately for his services . Suppose he is paid $ 50,000 then the profit can be shared after deduction of the salary in the profit sharing ratio, which would be $ 120,000 - $ 50,000 = $ 70,000
in the ration of 3:1 then Raymond would get $ 52,500 and Lyle $ 17,500 Plus Salary $ 50,000.
The skin acts as an external barrier to bacteria , preventing infection and protecting the internal organs . The skin also protects the body from ultraviolet radiation using the pigment barrier formed from melanocyte cells found in the top of the papillary dermis and a protein layer found in the epidermis.
Answer:
Sean arranging the interview with his boss
Explanation:
Consideration in contract law refers to something of value or a benefit that is exchanged between parties involved in a contract. It is something that party A gives to party B in exchange for another consideration.
Consideration is the main reason why a contract exists.
Sean arranged the interview in exchange for Mark sharing his pottery prize.
Answer:
a.To implement the corporate valuation model, we discount projected free cash flows at the weighted average cost of capital.
Explanation:
Common sense requires that like should be compared like, the free cash flows are meant for all providers of finance, debt, and equity stockholders alike, hence, in discounting the free cash flows to firm, the discount rate is the one that captures the overall cost of finance to the firm which is the weighted average cost of capital, hence, option "a" is correct.
Net income and NOPAT cannot be discounted since they are not cash flows
In the same vein,the free cash flows which are meant for debtholders and stockholders cannot be discounted at the cost of equity which is only an equity required rate of return
If a unionized company has a(n)<u> open </u>shop, the workers do not have to join the union, and they do not pay dues or fees to the union.
A unionized workplace is a process by which a company's employees are organized into trade unions, which act as intermediaries between employees and managers. In most cases, a majority vote of workers is required to approve a union.
An organized workplace is a stable workplace. Unionized workers typically enjoy more secure employment than non-union workers and often receive more favorable compensation and benefits packages. As a result, union members may be reluctant to leave the company for other opportunities, especially to move to a non-union environment.
Unionized workplaces have unions. A union is an organized group of workers, usually led by a union leader. The union is affiliated with the Confederation of Trade Unions of America, which oversees and supports union activity in a variety of industries, including education, manufacturing, skilled labor, and entertainment.
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