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lbvjy [14]
3 years ago
7

X and Y have original investments of $50,000 and $100,000 respectively in a partnership. The articles of partnership include the

following provisions regarding the division of net income: interest on original investment at 10%, salary allowances of $27,000 and $18,000 respectively, and the remainder equally. How much of the net income of $90,000 is allocated to X?
Business
1 answer:
PolarNik [594]3 years ago
8 0

Answer:

X would get $ 90,000 * 50,000/ 150,000= $ 30,000

Explanation:

Net income of $ 90,000 would be distributed in their profit sharing ratio which is 1:3 for X:Y

So X would get $ 90,000 * 50,000/ 150,000= $ 30,000

Y would get $ 90,000 * 100,000/ 150,000= $ 60,000

Net income is distributed after deduction of salaries and interest so it would not include the amount of salary  paid to partners.

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Brilliant_brown [7]

Answer: Safety needs

Explanation:

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It is known as one of the physiological factor that is required  for the human survival and it includes financial security, health and the medical security and the personal security.

Therefore, Safety needs is the correct answer.

3 0
3 years ago
If the management decision problem is: "should a new product be introduced?" what is the most appropriate marketing research pro
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There should be consider if the product is necessary.
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3 years ago
At the end of the closing process, Income Summary will hold a balance.
Ray Of Light [21]

Answer:

False. Have a Good day I hope this helps

Explanation:

3 0
2 years ago
A nation has a ___________ in the production of a good if it can produce that good more effectively or efficiently than it can p
Akimi4 [234]

Answer:

Comparative advantage  

Explanation:

Comparative advantage is the point at which a nation creates a decent or administration for a lower opportunity cost than different nations  

For instance : oil-creating countries have a relative favorable position in synthetic substances. Their privately delivered oil gives a modest wellspring of material for the synthetic substances when contrasted with nations without it.  

Similar preferred position, is a financial hypothesis, first created by nineteenth century British business analyst David Ricardo, that ascribed the reason and advantages of worldwide exchange to the distinctions in the relative open door (costs as far as different merchandise surrendered) of delivering similar wares among nations.

7 0
3 years ago
What is a corporate bond? why would a company use bonds as a source of financing?
NeTakaya

Answer and explanations : In simple words, corporate bonds refers to the debt securities that are issued  by the corporations for capital funding. Companies are obligated to make return on such investments and some time these debts are support by some asset as collateral. In other words, these are fixed obligations.

The reason behind issuing corporate bonds for funding is , first they are the cheapest sources of finance after retained earnings. Companies are obligated to pay return on these hence for the security off return investors usually purchase them even at lower prices.

Also these shareholders can be repaid back fully and have no control over the operation of the business which gives management some flexibility.

                                             

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3 years ago
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