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Tpy6a [65]
3 years ago
13

Fiona raised 2/7 of the money and Patrick raised 3/5 of the money. The rest of the money was raised by the rest of the group. Wh

at fraction of the money was raised by Fiona and Patrick
Business
2 answers:
padilas [110]3 years ago
8 0

Answer:

31/35

Explanation:

Fiona's percentage=2/7

Patrick's percentage=3/5

Total percentage of Patrick and

Fiona=2/7+3/5

=10+21/35

=31/35

Stels [109]3 years ago
4 0

Answer:

31/35

Explanation:

Fiona  + Patrick = 2/7 + 3/5

\frac{10 + 21}{35}  = \frac{31}{35}

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From the perspective of the parent corporation, contrast the tax consequences of a subsidiary liquidation under the general nonr
erik [133]

Answer:

Section 338 allows the corporation to purchase stock and retain the basis of assets. It also allows adjusting the basis for the assets. Under section 338 the, if the corporation sold its assets, the transactions related to sale will be subjected to double tax. Whereas, if the corporation cause liquidation for the target asset's and then undergo for a sale is subjected to single tax.  

6 0
3 years ago
John occasionally borrows the car of his friend, Sophie. Sophie has a PAP with liability limits of 100/300/50. John also has a P
Tamiku [17]

Answer:

Sophie's policy will pay up to its maximum amount of $100,000 and John's policy should pay the rest ($200,000).

Explanation:

Personal Auto Policies (PAP) provide coverage in case of injury to the insured or other third parties involved in a car accident. PAP policies provide coverage even when you occasional borrow a car. If you regularly drive someone else's car you need extended non owned liability coverage endorsement.

3 0
3 years ago
The additional dining space will occupy space next to Olaf’s that was recently rented to a tenant. By claiming the space for the
Illusion [34]

Answer:

$12,146

Explanation:

The computation of present value of this opportunity cost is shown below:-

Net After tax Operating Profit Per month = Rent space per month × Profit margin on the renting the space percentage

= $1,000 × 30%

= $300

Project is for 4 Years

Total months = 4 × 12

= 48 Months

Interest Rate Per month = 9% ÷ 12

= 0.75%

As per the question the Rent is Received at the start of the month

So Present Value of this opportunity cost = $300 (1 + PVAF (0.75%,47))

= $300 × ( 1 + 39.486)

= $12,145.85

= $12,146

3 0
3 years ago
The table below contains data for the country of batterland, which produces only waffles and pancakes. the base year is 2013 . p
ArbitrLikvidat [17]

Firstly, you should calculate the prices of your market basket, which basically means multiply all the goods with their prices and then add them together in their respective years. This would give you $260, $440, $690 and $1200 in the years 2010 to 2013 respectively. (follow along by noting everything down)

We see that the base year is 2013, therefore if we want to calculate the inflation rate from 2010 to 2011, we have to calculate their price indices. We do this by dividing the maket basket of our chosen years by the market basket of the base year, therefore the price index of 2010 is $260/$1200, giving us 21.6. The price index of 2011 would be $440/$1200, giving us 36.6. To calculate the inflation rate, you find the difference between your two price indices and divide it by the former year, which would be 36.6 - 21.6 / 21.6 x 100, giving us the inflation rate of 69.2%.

5 0
2 years ago
Kate Payne was reading the business plan for New Venture Fitness Drinks, and noticed that prior to its financial statements, New
Y_Kistochka [10]

Answer: Financial Notes and Supplementary Schedules

Explanation:

The Financial Notes and Supplementary Schedules is also known as footnotes.

The notes discloses-

a. Assumptions used in the preparation of the financial statements.

b. Discloses accounting policies used in the preparation of the financial statements.

c. Financial instruments been used by the business.

d. Legal matters.

I hope this answers your questions.

Goodluck

8 0
3 years ago
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