Answer:
Total of Xavier's share = $49750
Explanation:
The allocation of net income to both Xavier and Yolonda will be as follows,
Net Income 90000
<u>Interest on Capital:</u>
Xavier(0.15 * 100000) 15000
Yolonda(0.15 * 50000) <u> 7500</u> <u> (22500)
</u>
67500
<u>Salary:</u>
Xavier 22000
Yolonda <u>20000</u> (<u>42000)</u>
25500
<u>Share of remaining profit:</u>
Xavier 12750
Yolonda <u>12750</u> <u>25500
</u>
<u />
Total of Xavier's share = 15000 + 22000 + 12750 = $49750
I do online college if that counts and on campus.
Answer: Interest rate can vary
Explanation: Based on the description of Greg's and Joyce's mortgage loan, the key term is the adjustable nature of the loan used to finance the mortgage. Being adjustable simply means not fixated. Hence, the interest on the loan is bound to change throughout the entire period of the loan. This type of mortgage loans are called ADJUSTABLE RATE MORTGAGE or FLOATING mortgage. The change in the interest rate applied on the outstanding balance of is usually at intervals which could be annually, semianually or monthly basis as the case may be.
Net Income flows from the income statement to the statement of retained earnings.
The balance sheet is balanced when net income from the income statement, less any dividends paid, is transferred to the retained earnings column. Additional connections- Long-term debt on the balance sheet is used to determine interest expenditure on the income statement.
Net income: In commerce, Net Income is the amount of cash left over on balance costs, like salaries and wages, the value of commodities or raw materials, and taxes, are paid. Net Profit is the amount that an individual keeps after paying taxes, insurance premiums, and retirement contributions.
Net Income.
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These characteristics about Lugo indicate her <u>"personality".</u>
Personality alludes to individual contrasts in characteristic patterns of reasoning, feeling and carrying on. The study of personality centers around two expansive territories:
One is understanding individual differences specifically personality qualities, for example, amiability or touchiness.
The other is seeing how the different parts of a man meet up all in all.
