Answer:
yes, there is no separation between the administration and ownership in a partnership.
the partnership contract stipulates which partners have the decision making ability and which partners don't. We cannot say specifically that limited partners have no say in decision making.
Moreover, the control of the partnership is not based on the amount invested like in corporations. that too is based on the contract. however, in practice, yes if you have more money invested in the business, you have more influence.
Explanation:
Answer:
$995,745
Explanation:
PV = $0
PMT = $500
I/YR = 6
P/YR = 12
N = 40 x 12 = 480
your retirement account be in 40 years will be $995,745
Answer:
Applied overhead: 387,750
underapplied by 74,250
Explanation:
to get the predetermined overhead rate we will distribute the expected cost along a cost driver. In this case, labor hours.
403,260 / 61,100 = 6.6
Then, we apply this rate to the actual labor hours for the period:
58,750 x 6.6 = 387,750
This will be the applied overhead for the period.
The we compare with the actual overhead:
387,750 - 462,000 = (74,250)
As the actual cost were higher the overhead was underpapplied.
Answer:
Price
The price in the short-run will decrease because with less marginal costs, producers would produce more goods and services which would shift the supply curve to the right. The new intersection with the demand curve will be at a lower price.
Quantity
As said above, producers would produce more goods and services which means that the quantity supplied will increase.
Profit
This is a competitive market. Each firm will earn zero profits because the drop in price will match the drop in marginal costs to ensure that firms are not making anything extra.
Answer: <em><u>Developers can spend $55316.9</u></em>
Explanation:
EAR =![[e^{Annual percentage rate} -1]\times 100](https://tex.z-dn.net/?f=%5Be%5E%7BAnnual%20percentage%20rate%7D%20-1%5D%5Ctimes%20100)
Effective Annual Rate=
Effective Annual Rate% = 9.42
![PV_{Ordinary Annuity} = C\times [\frac{(1-(1+\frac{i}{100} )^{-n} )}{(i/100)} ]](https://tex.z-dn.net/?f=PV_%7BOrdinary%20Annuity%7D%20%3D%20C%5Ctimes%20%5B%5Cfrac%7B%281-%281%2B%5Cfrac%7Bi%7D%7B100%7D%20%29%5E%7B-n%7D%20%29%7D%7B%28i%2F100%29%7D%20%5D)
where;
C = Cash flow per period
i = interest rate
n = number of payments
![PV = 3500\times [\frac{(1-(1+\frac{9.42}{400} )^{-5\times 4} )}{(9.42/400)} ]](https://tex.z-dn.net/?f=PV%20%3D%203500%5Ctimes%20%5B%5Cfrac%7B%281-%281%2B%5Cfrac%7B9.42%7D%7B400%7D%20%29%5E%7B-5%5Ctimes%204%7D%20%29%7D%7B%289.42%2F400%29%7D%20%5D)
PV = $55316.9
