1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vova2212 [387]
3 years ago
9

Mary and Jeff entered into a partnership agreement. However, the agreement didn't state how income and losses would be divided.

The law states that income will be divided
A. Equally

B. According to investments

C. According to abilities

D. None of the above
Business
2 answers:
PilotLPTM [1.2K]3 years ago
8 0
Hi there

the agreement didn't state how income and losses would be divided
So the dividend will be distributed according to the share of capital
for example Assume that Mary's share of capital is 1000 and Jeff's share of capital is 2000 and income is 1500

So we want to distribute the income 1500 between them according to their investments
Mary share of income is
1,500×(1,000÷(1,000+2,000))=500
Jeff share of income is
1,500×(2,000÷(1,000+2,000))=1,000

So it's b

Good luck!
zalisa [80]3 years ago
5 0

The correct answer to your questions is letter A. Equally.

You might be interested in
What is the difference between a checking account debit card and a gift card?
vekshin1
A gift card is something that anyone, of any age, can buy. This card works only at the certain business it is for. Such as a Burger King gift card, you can only use that card at Burger King. A checking account debit card is a card you can use in any situation, as long as they have the proper equipment. This card extracts money from your banking account, whereas the gift card has a set amount of money on it. Also, a checking account debit card is only given to people 18 and over, since signing a check is technically signing a contract, and using a debit card goes along the same lines as signing a check. 
6 0
3 years ago
The net income as shown on the common-size income statement of Omega industries for the past three years increased from 3% to 6%
vlada-n [284]

Answer:

See explanation section

Explanation:

Req. A & B

If there is an increase in the net income over the year, the company is in profitability condition. As Omega industries are getting increased net income, it suggests their profitability.

EVM or enterprise value multiplier allows a company to compare the capital structure that the company uses. It is commonly used for valuing a business.

Req. C, D & E

In a financial plan, if the sales increase, it should be because of increasing working capital and fixed assets. We know, additional assets can generate more revenues.

A firm can collect approximately 8% of its annual sales at any given time. It can be found through the following way-

since the days' sales in receivables for 30 days in a year, the percentage of annual sales = (30 ÷ 365) × 100 = 8.22% or 8%

3 0
4 years ago
Which of the following roles is typically associated with the project manager? ​ a. assigned by the performing organization to l
DochEvi [55]

Answer:

The role typically associated with the project manager is that he is assigned by the performing organization to lead the team that is responsible for achieving the project objectives - option A

Explanation:

One who is a professional in the field of project management is known as a project manager. He has the responsibility of the planning, procurement and execution of a project, in any undertaking that has a defined scope, defined start and a defined finish; irrespective of the type of industry.

The project manager is responsible for ensuring that everyone on the project team knows and executes his or her role, feels empowered and supported in the role, knows the roles of the other team members and acts upon the belief that those roles will be performed.

The specific responsibilities of the project manager varies depending on the industry, the company size.

However, some responsibilities that are common to all project managers include:

  • Developing the project plans
  • Managing the project stakeholders
  • Managing communication
  • Managing the project team
  • Managing the project risks
  • Managing the project budget
  • Managing the project conflicts
  • Contract administration
  • Managing the project schedule

Thus, the role typically associated with the project manager is that he is assigned by the performing organization to lead the team that is responsible for achieving the project objectives - option A

All the other options are incorrect.

3 0
3 years ago
A loan of $100,000 is taken out which requires an annual interest payment of 6% of the borrowed amount of money (in market dolla
pav-90 [236]

Answer:

C. $5,150

Explanation:

Calculation for what will be the value of interest payment at the end of fifth year in real dollars

First step is to calculate the Interest amount per year

Interest amount per year = 100,000*6%

Interest amount per year = $6,000

Now let calculate the value of interest payment at the end of fifth year in real dollars

Value of interest payment in 5th year in real dollars = 6,000/(1+3.1%)^5

Value of interest payment in 5th year in real dollars= 6,000/1.164913

Value of interest payment in 5th year in real dollars= $5,150

Therefore the Value of interest payment in 5th year in real dollars will be $5,150

4 0
3 years ago
Why do​ long-run elasticities of demand differ from​ short-run elasticities? ​long-run elasticities of demand differ from​ short
dmitriy555 [2]
I think the most appropriate answer would be B.



I hope it helped you!
5 0
3 years ago
Other questions:
  • Kim lives and works in a small town, even though she prefers life in a bigger city. She is quite dissatisfied with her current j
    14·1 answer
  • Porter Co. owned all of the voting common stock of Simi Corp. The corporations' balance sheets dated December 31, 2018, include
    14·1 answer
  • Montana Furniture Mart sold $120,000 of furniture on June 30 and accepted the customer's $120,000 10% 1-year note payable in exc
    14·1 answer
  • Read the scenario, and answer the question. You need to display the placement of three new function keys on a cell phone prototy
    7·1 answer
  • How does a bond issuer decide on the appropriate coupon rate to set on its bonds?
    12·1 answer
  • "A company offers ID theft protection using leads obtained from client banks. Four employees work 40 hour a week on the lead, at
    5·1 answer
  • An employee receives an hourly rate of $25, with time and a half for all hours worked in excess of 40 during a week. Payroll dat
    12·1 answer
  • Which choice is not a characteristic of a competitive market?
    13·1 answer
  • Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc. Sales $219,400 $585,000 Variable costs 88,000
    13·1 answer
  • The fed pays ______ on the required reserves held by commercial banks, as well as the excess reserves the banks hold at the fed.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!