Answer:
Total cost of Ticket = $96
Explanation:
Provided information,
Total number of people buying lottery ticket in a joint contribution = 10
Two people withdraw being short of funds, therefore people buying such ticket = 8
Revised share increase by $2.40 each.
Total increase = $2.40 
8 = $19.20
Just because 2 people withdraw, thus earlier contribution per person = $19.20/2 = $9.60
Therefore, total cost of ticket = $9.60 10 = $96
Answer with Explanation:
Question does not state what kind of interest, here are the three common possibilities:
1. Simple interest of 6%:
Future value (FV) = 3000*(1+0.06*20) = $6600
2. compounded annually:
Future value (FV) = 3000*(1+0.06)^20 = $9621.41 (nearest cent)
3. compounded monthly:
Future value (FV) = 3000*(1+0.06/12)^(20*12) = $9930.61 (nearest cent)
Answer:
Specialization is when a country or producer limits the types of goods they make to specialize in one item and make so much of it that they can send it to other countries. For example, USA specializes in corn becuase we can easily make it so we send it to other countries all over the world.
Answer:
Explanation:
<u>fact of the case</u>
three people formed a limited liability company with contributions as follows:
- Alex - 60 percent
- Becky - 20 percent
- Cindy - 20 per cent
They dispute over the division of profits.
<u>profit division</u>
In a limited liability cooperation whose profit division has not been stated in the operation agreement under the UNIFORM LIMITED LIABILITY COMPANY ACT( ULLCA) , then state law will determine the division of profits. Usually in the absense of an agreement state have divided profits equally among the members.
<u>operating agreement</u>
An operating agreement for an LLC spells out the details of how a business will be managed and operated. Additionally, the term for settling profits and losses may be specified.
<u>opinion</u>
The court may decide that partners will receive an equal division of profits. courts rely usually on the principles of partnership law. in order to avoid the tension of discord between the partners it is best spelt out how the company will be managed as well as profit and loss division in an operating agreement.
Answer:
(d.) teachers, police, and civil servants.
Explanation:
Trade union can be defined as an association of workers that forms a legal unit and acts as a legal representative for the workers in that unit in solving matters that may arise from law or right infringement.
In today union, members work as engineers, security, students, teachers.
