If i understand your question properly, you want to determine how much each partner wiil have based on the sharing ratio.
Answer:
Alex- $40,000
Brad- $30,000
Carl- $30,000
Explanation:
For a net loss of $100,000 shared between partners in the ratio 4:3:3, the value of each partner's ratio can be calculated as seen below.
Step 1: Add the ratios
i.e; 4 + 3 + 3 = 10
Step 2: Calculate the value of each ratio in $100,000 using te formula
(ratio value ÷ total ratio) × $100,000
For Alex, we have
(4 ÷ 10) × $100,000
= 0.4 × $100,000
= $40,000
For Brad, we have
(3 ÷ 10) × $100,000
= 0.3 × $100,000
= $30,000
For Carl, we have
(3 ÷ 10) × $100,000
= 0.3 × $100,000
= $30,000
N.B: To confirm if the value of each ratio is correct, you can add up the values to see if it makes $100,000. If it doesn't, then the calculatio is wrong.
Adding the value of the ratios, we have $40,000 + $30,000 + $30,000 = $100,000.
i hope this helps
Answer:
a. decrease by $58,800 per month
Explanation:
The computation is shown below;
<u>
Particulars Amount </u>
Contribution from product X $94,800 ($28 - $22) × 15,800 units
Less: Fixed cost -$108,000
Net loss avoided -$13,200
Non-avoidable fixed cost $72,000
The Total cost in case the product fall $58,800
Hence, the correct option is a.
Answer:
$31,000
Explanation:
Calculation to determine Elaine's current basis in her partnership interest
Using this formula
Elaine's current basis= Value of original basis + (interest purchased - Cash received) + Tax exempt interest
Let plug in the formula
Elaine's current basis= $40,000 + ($70,000 - $80,000) + $1,000
Elaine's current basis= $40,000 - $10,000 + $1,000
Elaine's current basis= $31,000
Therefore Elaine's current basis in her partnership interest is $31,000
Answer:
Therefore, the change in total contribution margin is equal to change in net operating income, so there is no change in fixed expenses and will not be affected.
Explanation:
The computation as per given question is given below:-
Variable cost per unit
= $48 + $65
= $113
Contribution margin per unit
= $240 - $113
= $127
Unit Monthly sales
= 1,500 + 240
= 1,740
Total contribution margin
= 1,740 × $127
= $220,980
Total contribution margin
= 1,500 × $192
= $288,000
So, change in total contribution margin and net operating income
= $288,000 - $220,980
= $67,020
Therefore, the change in total contribution margin is equal to change in net operating income, so there is no change in fixed expenses and will not be affected.
Answer:
Recession cause standard monetary and fiscal effects.
Explanation:
Recession impact all kinds of business, large and small,due to tightening credit conditions, slower, demand, and general fear and uncertainty.
