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
Umnica [9.8K]
3 years ago
11

Zheng invested $100,000 and Murray invested $200,000 in a partnership. They agreed to share incomes and losses by allowing a $60

,000 per year salary allowance to Zheng and a $40,000 per year salary allowance to Murray, plus an interest allowance on the partners' beginning-year capital investments at 10%, with the balance to be shared equally. Under this agreement, the shares of the partners when the partnership earns $105,000 in income are:
Business
1 answer:
kifflom [539]3 years ago
8 0

Answer:

$57500 to Zheng and $ 47500 to Murray  

Explanation:

   

Allocation of Net income            Zheng            Murray            Total

                                           

Total Net income                                                                    105000

Less: Salary allowance                60000         40000    -100000  

Remaining income                                                              5000

Less: Interest on capital 10%         10000              20000    - 30000

Remaining Loss                                                                      -25000

Share equally                          -12500           -12500        25000

Share of partners                   57500                47500           0

You might be interested in
. Find the accumulated present value of a continuous income stream that earns 4.2% interest annually, when $4000 is deposited pe
Mars2501 [29]

Answer:

The accumulated present value is $67,518.99.

Explanation:

Investment opportunities that require a series of payments of a fixed amount for a specific number of periods are known as annuities.

The Present Value of this annuity can be calculated as :

Fv = $0

n = 30

r = 4.2 %

Pmt = - $4,000

P/ yr = 1

Pv = ?

Using a financial calculator, the  Present Value (PV) of the annuity is $67,518.9948 or $67,518.99.

4 0
3 years ago
Which type of promotion do many people consider more credible because it is less biased
tekilochka [14]

Publicity is more credible because it is less biased :)

4 0
3 years ago
Read 2 more answers
Customer retention is measured as the percentage of customers who return for more service. true false
seraphim [82]
Your answer is true! The root of the word "retention" is retain, so basically customer retention means retaining customers, which also means having them return. Hope I helped!
8 0
3 years ago
Antoine recently received an email from a fraudulent organization that sought his personal financial account information. Recogn
Airida [17]

Answer:

The answer is: Phishing

Explanation:

Phishing is carried out by individuals who are trying to scan users. This is done by sending emails to try to collect someone else's credit card information, online banking accounts, or other type of login information. Phishing can also be done through web pages that are designed to illegally collect their users' information.

3 0
3 years ago
One way to take responsibility for your health is to formulate a wellness plan. write four wellness goals for maintaining good r
dybincka [34]
<span>1. Practice safe sex: Always make sure to talk about your sexual history with your new sexual partner prior to engaging in sex. If you are non-monogamous, use condoms every time. Encourage your sexual partner to join you in getting an STD test. This is important for short-term and long-term health because it can affect the ability to have children in the long term and also decrease risk for contracting an STD in the short-term. 2. Drink water: Being hydrated is important in the long-term for maintaining a healthy reproductive system. Vaginal dryness can be caused/or worsened by dehydration, which can make sex less comfortable and increase risk of infections. 3. Get annual checkups: this is a long-term benefit. It can help catch any potential problems while they are early to prevent them from becoming much more serious. 4. Be conscious about using toxic chemicals. Another long-term goal is to stay away from ttoxins lie dioxin, phthalates, PFCs, and pesticides. These chemicals can cause reproductive problems that could negatively influence the ability to have a healthy pregnancy.</span>
4 0
3 years ago
Other questions:
  • For each of the following fixed assets, determine the depreciation expense for Year 3: Disposal date is N/A if asset is still in
    12·2 answers
  • Cathy’s apartment was broken into and her two-year-old sound system was taken. Cathy had paid $1,400 for the system, but it will
    9·1 answer
  • Which of the following statements regarding direct finance is true​? A. In the United​ States, more funds flow through the direc
    6·1 answer
  • What is the primary source of revenue for the government?
    11·1 answer
  • Ways to "produce for inventory" that result in increasing operating income include ________.
    11·1 answer
  • When preparing the statement of cash flows using the indirect​ method, a decrease in current liabilities is added to the net inc
    6·1 answer
  • Johanna has been asked by the department manager to prepare a SWOT analysis on two of the company's products. In which step of t
    6·1 answer
  • On January 1, 2017, Marigold Corp. had Accounts Receivable of $59,400 and Allowance for Doubtful Accounts of $3,600. Marigold Co
    6·1 answer
  • Dodson Company traded in a manual pressing machine for an automated pressing machine and gave $8,000 cash. The old machine cost
    13·1 answer
  • the condition of Nepalese worker in foreign employment is poor what are the reasons behind it write any five reasons​
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!