Answer:
$119,400
Explanation:
The computation of the net income that should be distributed to Emmett is as follows:
<u>Particulars Emmett Sierra Total</u>
Net income $200,000
Salary $48,000 ($48,000)
Balance left $152,000
Interest at 8% $2,000 $11,200 ($13,200)
($25,000 × 8%) ($140,000 × 8%)
Balance left $138,800
Balance allocation $69,400 $69,400
Share of profit $119,400 $80,600
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A lot of nations often produce different types of goods. Nations specialize in production and engage in international trade in order to increase output and income.
- There are several reasons why nations specialize and engage in trade. The obvious reason is the principle of comparative advantage.
This principle states that each country should focus in the products that it can produce most steadily and cheaply and trade those products for goods that foreign countries can produce most readily and cheaply.
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Answer: C) limit the downside risk of asset ownership
Explanation:
The protective put is a strategy I risk-management which is utilized by the investors in order to help prevent a loss in an asset or stock.
Protective puts helps to act as an insurance by giving protection from the decline of the price of the asset.
in accrual basis accounting, revenue is recorded when the seller's product is shipped or service is provided.
Revenue is the money made from regular business operations and is calculated by multiplying the average sales price by the quantity of units sold. In order to calculate net income, costs must be deducted from the top line (or gross income) figure. On the income statement, revenue is also known as sales.
Even though the cash for the transaction has not yet been exchanged, accruals are earnings or expenses that have an influence on a company's net income on the income statement. Due to the non-cash assets and liabilities they involve, accruals also have an impact on the balance sheet.
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