Based on the capital account balances and the amount in the cash account, the amount that Zobart will receive is $15,467.
<h3>What will Zobart receive?</h3>
The amount that Zobart will receive can be found by the formula:
= (Deficit x percentage in partnership/ 75%) + Capital account balance
Solving for the amount going to Zobart gives:
= (14,000 x 35%/75%) + 22,000
= $15,467
In conclusion, the amount to Zobart is $15,467.
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If the whole lecture about mitochondria was placed in a single tweet, it would be this one:
<span>“The mitochondria is the power house of the cell” A powerhouse that we all should be mindful about and to take care of our own.</span>
Answer:
an act of breaking the terms set out in a contract.
Answer:
Monthly deposit= $840.74
Explanation:
Giving the following information:
Number of periods= 26*12= 312 months
Future Value= $1,500,000
Interste rate= 0.11/12= 0.0092
<u>To calculate the monthly deposit, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (1,500,000*0.0092) / [(1.0092^312) - 1]
A= $840.74
Answer:
Each company drills two wells and experiences a profit of $22 million.
Explanation:
If each company acts independently and drills two oil wells each they will have a total of 4 wells each worth (60 million ÷ 4= $15 million.
Each company will have two oil wells which equals (2* 15 million = $30 million)
But each company incurs cost of $4 million per well. That is total cost of $8 million.
Therefore the profit for each company will be $30 million - $8 million= $22 million