Answer:
$5,000
Explanation:
Calculation for what The bonus that is granted to Block equals:
First step is to calculate the Total Partnership Equity using this formula
Total Partnership Equity = Groh's Capital + Jackson's Capital + Block's Investment
Let plug in the formula
Total Partnership Equity = $64,000 + $61,000 + $35,000
Total Partnership Equity= $160,000
Second step is to calculate the Equity for Block
Equity for Block = $160,000 * 0.25 =
Equity for Block =$40,000
Now let calculate what Bonus to Block equals using this email formula
Bonus to Block = Block's Capital - Cash Investment
Let plug in the formula
Bonus to Block = $40,000 - $35,000
Bonus to Block= $5,000
Therefore the bonus that is granted to Block equals: $5,000
Answer:
Quality control
Explanation:
Six Sigma is a quality business management strategy which helps business organizations to improve the quality of processes, products and services by discovering and eliminating defects, variations or errors. It is a strategic business concept that was developed in 1986 by Motorola.
Under the six sigma approach, any process that doesn't provide customer satisfaction or causes challenges in an organisation's process should be eliminated from the system in order to produce quality products and services. It allows only 3.4 defective features for every million opportunities and as such expects processes to be defect free 99.99966 percent of the time.
Generally, there are two (2) main methods of achieving the six sigma approach;
1. DMAIC: define, measure, analyze, improve and control.
2. DMADV: define, measure, analyze, design and verify.
Hence, a pre-concert rehearsal is an example of quality control because the participants or team members are made to practice their routines so as to master them and prevent mistakes on the day of the concert. Thus, a pre-concert is aimed at getting the best out of a team in order to deliver a quality performance to the audience.
Answer:
A
Explanation:
I just got it wrong and it told me it’s A
