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forsale [732]
3 years ago
9

Mace and Bowen are partners and share equally in income or loss. Mace's current capital balance is $135,000 and Bowen's is $120,

000. Mace and Bowen agree to accept Kent with a 30% interest in the partnership. Kent invests $115,000 in the partnership. The amount credited to Kent's capital account is:
Business
1 answer:
Pavel [41]3 years ago
6 0

Answer:

The amount credited to Kent's capital account is $111,000.

Explanation:

                                              Mace         Bowen       Kent          Total

Contribution                       $135,000   $120,000    $115,000   370,000

Kent share = 115,000

Total Capital = 370,000

Kent share in total capital = 30%

Amount credited tothe Kent's account = $370,000 x 30%

Amount credited tothe Kent's account = $111,000

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Answer:

hf = 9494.338 m

Explanation:

m = 14 Kg

vi = 1319 m/s

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∅ = 19.1º

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vfy = 0

We can apply

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Ki + Ui = Kf + Uf

⇒  0.5*m*viy² + m*g*0 = 0.5*m*0² + m*g*hf

⇒  hf = (0.5*viy²) / (g)

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7 0
3 years ago
A stock has a beta of 1.28, the expected return on the market is 12 percent, and the risk-free rate is 4.5 percent. What must th
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Answer:

The expected return=17.78 percent

Explanation:

Step 1: Determine risk free rate, beta and market risk premium

risk free rate=4.5%

beta=1.28

market risk premium/return on market=12%

Step 2: Express the formula for expected return

The expected return can be expressed as follows;

ER=RFR+(B×EMR)

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RFR=risk free rate

B=beta

EMR=expected market return

replacing with the values in step 1;

ER=(4.5)+(1.28×12)

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ER=17.78

The expected return=17.78 percent

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What is a business enterprise​
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