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
Nady [450]
4 years ago
15

Xavier and Yolonda have original investments of $100,000 and $50,000 respectively in a partnership. The articles of partnership

include the following provisions regarding the division of net income: interest on original investment at 15%, salary allowances of $22,000 and $20,000 respectively, and the remainder equally. If the business has a net income of $90,000, how much of that should be allocated to Xavier?
Business
1 answer:
sveticcg [70]4 years ago
4 0

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

You might be interested in
Which of the following actions would improve your credit score? Which of the following actions would improve your credit score?
Volgvan
<span>Answer B is correct. Paying off your credit card bill will reduce the amount of debt you have and improve your credit score. Closing old credit cards only works if they are unused. As savings accounts are not included in a credit report, opening a new savings account will not have an effect, either negative or positive, on your credit score. Using up your credit limit will have the negative effect of lowering your credit score.</span>
4 0
4 years ago
Read 2 more answers
A multinational strategy entails having a separate strategy for each nation in which a company markets its products
Studentka2010 [4]
This statement above would be known to be called a (true/false) question, and based on my information, this statement above would be known to be a "true" statement. This would be true in many marketing companies that would be out there. They would always contain a strategy for each nation, and therefore this would then resolve to which a company would produce it's market productions.

Your answer: True
4 0
3 years ago
Do you think scientific management made business more successful
Sati [7]
<span>Scientific management has evidently made business operations and efficiencies far more successful in their strategies and processes, due to the ability to quantify specific data sets and analyze this information to understand how best to implement a more effective and growing strategy.</span>
5 0
3 years ago
Read 2 more answers
For each of the following transactions that occur in their lives, identify whether it is included in the calculation of U.S. GDP
Vadim26 [7]

Answer:

a. Imports (M), b. Government Expenditure (G), c. Exports (X), d. Investment 'I'

Explanation:

a) 'Kevin buys a bottle of Italian wine' is a part of US Imports (M)

b)  'The state of Pennsylvania repaves highway PA 320' is a part of US Government Expenditure (G)

c) 'Maria's father in Sweden orders a bottle of Vermont maple syrup from the producer's website' is a part of US Exports (X)

d) 'Kevin's employer upgrades all of its computer systems using U.S.-made parts' is a part of US Investment 'I'

4 0
3 years ago
Why do you think the 4 components of media measurement are important?
Blizzard [7]

Answer:

audience, impression, frequency, and cost per thousand (CPM) 3.

Reach””The number or percent of different homes or persons exposed at least once to an advertising schedule in one or more media vehicles over a given period of time.

Frequency””The average number of times that the household or person is exposed to a media vehicle, schedule or campaign over a given time period.

3 0
3 years ago
Other questions:
  • Frank and lillian gilbreth developed the principle of _________, which said that every job could be broken down into a series of
    14·1 answer
  • Buying a house is most likely a long-term goal for a person of which of these ages? O A. 15 years old OB. 65 years old O C. 55 y
    15·2 answers
  • ACME labs bought a new inspection device for $182,730. The accounting department has estimated that the device will have an annu
    13·1 answer
  • The Odessa Supply Company is considering obtaining a loan from a sales finance company secured by inventories under a field ware
    12·1 answer
  • Avoidable costs are best described as: Select one: a. Revenues and costs that differ from one alternative to another. b. Costs i
    14·1 answer
  • what is your understanding of equal opportunities for girls and how you think we all are working towards achieving it ? ​
    15·1 answer
  • Gary, Peter, and Chris own a firm as partners. Gary has a capital balance ofâ $22,000; Peter a capital balance ofâ $42,000; and
    13·1 answer
  • Use the following information to answer the next two questions: A company had the following transactions during September, the f
    14·1 answer
  • Employee morale at dos santos, inc., is very high. this type of informtaion is an example of:_______
    7·1 answer
  • If specialization and outsourcing can harm domestic workers, why do countries still engage in trade? choose one:
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!