Answer:
$20,000
Explanation:
The problem simply asks for Eng's initial capital balance in Cor-Eng partnership and it is just Eng's <u>contributed cash of $2,000</u> to form the partnership.
No need to dwell on the other amounts. Just focus on what was being asked and you'll not get lost ^_^
A maintenance margin is a minimum equity an investor ought to preserve withinside the margin account after the acquisition has been made. Hence, the long market value at maintenance in this case is $120,000.
<h3>What do you mean by long market value?</h3>
Long market value at maintenance refers to the point where an account must fall (in market value) to reach minimum maintenance (25% of market value). ;
The maintenance margin is far presently set at 25% of the full value of the securities in a margin account as in step with Financial Industry Regulatory Authority (FINRA) requirements.
To calculate the <em> </em>long market value at maintenance, divide the debit balance by .75 ($90,000 / .75 = $120,000)
Hence, the long market value at maintenance is $120,000.
Learn more about long market value at maintenance:
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Answer:
A
Explanation:
Free slack can be described as the total amount of time a project can be delayed without affecting the project's completion time . Tom and the contractor share a slack time of 10 days
Total slack measures the total amount of time a project can be delayed before the project's completion.
Functional slack measures the amount of time that each activity in a project can be delayed without affecting the project's completion time.
Buyer persona is a fictional, generalized representation of the ideal customers of your business.
It is very important to have deep understanding of it buyers persona. This is a driving factor to create driving content and to develop the product.
The buyer persona depends at first of your business type (what will you produce and to whom).
Answer:
1. T=19.5n+91.75, where n<70
2. T=15n+45, where n≥70
Explanation:
1. The first linear function can be expressed as;
Total cost of catering services=(Cost per person×number of people, n)+Service charge
where;
Total cost of catering services=T
Cost per person=$19.50
Number of people=n
Service charge=$91.75
Replacing;
T=(19.5×n)+91.75
T=19.5n+91.75
The first equation: T=19.5n+91.75, where n<70
2. The second linear function can be expressed as;
Total cost of catering services=(Cost per person×number of people, n)+Service charge
where;
Total cost of catering services=T
Cost per person=$15
Number of people=n
Service charge=$45
Replacing;
T=(15×n)+45
T=15n+45
The second equation: T=15n+45, where n≥70
