Answer:
$15 million
Explanation:
The three investors' total investments would add up to 100% or 1.
The first two invested in the ration of 2:3
It means ;
Investor 1: 2/5
Investor 2: 3/5
If investor 3 invested twice as investor 1 and 2, then we can deduce that he invested ( 2/5 + 3/5) x 2
the new denominator is 10, meaning
Investor 1 had 2/10,
investor 2 had 3/10
investor 3 had 5/10
If total investments were $30 million, then the highest investor invested
5/10 x $30million
=0.5 x $30 million
=$15 million
Answer:
Bribery
Explanation:
they must decide whether to pay bribes or find alternative sources of supplies
Answer:
$11,000 cost, five-year life, and $1,000 salvage value
Explanation:
given data
cost = $11,000
residual value = $1,000
estimated to be good = 5,000 hour
solution
as per the straight-line method
formula to compute the depreciation expense that is express as
depreciation expense = (Purchase value of generator - residual value) ÷ (estimated useful life) .......................1
and
here by considering here these three item
and other information that is not relevant that ignore
depreciation expense = ($11,000 - $1,000) ÷ 5 years = 2000
so $11,000 cost, five-year life, and $1,000 salvage value
The amount that the government entity report should report as a liability for the judgment in its year 2 governmental fund financial statements is $25000.
<h3>What is liability?</h3>
"At the beginning of year 2, a government entity had a $500,000 judgment outstanding. The government entity paid $400,000 of the judgment during year 2. The remaining balance of the judgment includes $25,000 payable early in year 3 and $75,000 payable at the end of year 4. What amount should the government entity report as a liability for the judgment in its year2 governmental fund financial statements?
A) $500,000 B) $100,000 C) $75,000 D) $25,000
It should be noted that liability simply means the future sacrifices of economic benefit that an entity is obliged to make.
Here, the amount that the government entity report should report as a liability for the judgment in its year 2 governmental fund financial statements is $25000.
Learn more about liability on:
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