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Pachacha [2.7K]
3 years ago
10

In the ABC partnership (to which Daniel seeks admittance), the capital balances of Albert, Bert, and Connell, who share income i

n the ratio of 5:3:2 are:
Albert 500000
Bert 300000
Connell 200000

Based on the preceding information, if no goodwill or bonus is recorded, how much should Daniel invest for a 20 percent interest?
A. $400,000
B. $200,000
C. $300,000
D. $250,000
Business
1 answer:
Anna [14]3 years ago
7 0

Answer:

D. $ 250,000

Explanation:

The total capital of Albert, Bert and Conell is:

$500000 + $300000 + $200000 = $1000000

given that Daniel will have 20% share in partnership.

So total capital of the partnership after admission of Daniel will be calculated as follows:

($1000000×100)/80 = $ 1250000

Daniel will invest:

$1250000 – $1000000 = $250,000

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Kathy is 48 years of age and self-employed. During 2018 she reported $538,000 of revenues and $107,600 of expenses relating to h
Fynjy0 [20]

Answer:

Contribute to individual 401(k) = $61,000

Explanation:

Given:

Revenue = $538,000

Expenses = $107,600

Find:

Contribute to individual 401(k)

Computation:

Contribute to individual 401(k) = $55,000

Kathy is younger then 50 years so, She have t pay $6,000 more:

So,

Contribute to individual 401(k) = $55,000 + $6,000

Contribute to individual 401(k) = $61,000

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3 years ago
Ari is a generous employer who truly values his workers. He is constantly praising the work his employees do and finds many ways
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Ari does not like conflict and will often let his employees get away with inappropriate behavior on the job. Ari would most likely be considered a <u>country club manager.</u>

<h3>What is a country club manager's style?</h3>

A country club manager's leadership depicts a manager who scores low on productivity but high on concern for people.

Country club managers are attentive to the:

  • Security
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  • Harmony of subordinates.

Thus, Ari does not like conflict and will often let his employees get away with inappropriate behavior on the job. Ari would most likely be considered a <u>country club manager.</u>

Learn more about Country Club Managers at brainly.com/question/15877035

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6 0
2 years ago
An important use of a hot stick is to_____?
jekas [21]
Protect them from electric shock
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7 0
2 years ago
What is an agricultural marketing cooperative that helps members sell their products?
Blizzard [7]

This question provides the defition for a producer cooperative

7 0
3 years ago
When ruko, a device used to stream movies at home, increases prices by 48% total revenue decreases by 61%?
Free_Kalibri [48]

Answer: Demand is elastic

Explanation:

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So, as increase in price by 48% decreases total revenue by 61%, therefore the demand for Ruko, a device used to stream movies at home is elastic.

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