Answer:
White :12,000 Sands: 68,000 and Luke 120,000
Explanation:
given data
White Sands Luke
Balance Capital 60000 100000 200000
Income Sharing 30% 20% 50%
Maximum Loss 200000 500000 400000
solution
so here when here 200000 is received so
White Sands Luke
first 20000 0 20000
next 140000 0 40000 100000
balance 40000 12000 8000 20000
Total partner each 12000 68000 120000
Answer:
to those outstanding payments which have highest interest rates.
Explanation:
If we pay and settle more outstanding bills now which have high interest rates it will save us from interest which will be charged in future for delayed payment as it will by multiplied by number of days or months for which it has been delayed.
So if we are not paying high interest outstanding bills it will cost us more in future by high interest amount added to the bill amount.
Answer:
Explanation:
According to the wage bracket method used for tax withholding in 2016;
For a married individual and a situation whereby the number of withholding allowances claimed is four, no federal taxes have to be withheld since the salary is $930.
Also, the OASDI insurance rate = 6.2%
∴
The wages Table for Dec 31, 2016 is as follows:
Particulars Calculation Total in $
Gross Pay 930.00
<em>Less:</em>
HSA Contributions 50.00
401(k) deductions 100.00
OASDI tax (930 - 100) × 6.2% 51.46
HI tax as given -
FIT -
<em>Net Pay 728.54</em>
Answer:
c. 99
Explanation:
Calculation to determine the forecast for period 11
Using this formula
Forecast for period 11=Forecast *Smoothing constant*Period 11 Forecast
Let plug in the formula
Forecast for period 11=90*.10*11
Forecast for period 11=99
Therefore the forecast for period 11 is 99