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ddd [48]
2 years ago
6

The terms of a partnership agreement provide that one of the partners is to receive a salary allowance of $30,000, plus a bonus

of 20 percent of income after deduction of the bonus and the salary allowance. If income is $150,000, the bonus should be:
A. $18,000
B. $20,000
C. $24,000
D. $30,000
Business
1 answer:
Pavel [41]2 years ago
8 0

Answer:

The correct answer is C: Bonus= $24000

Explanation:

The terms of a partnership agreement provide that one of the partners is to receive a salary allowance of $30,000, plus a bonus of 20 percent of income after deduction of the salary allowance.

The formula to calculate the bonus is:

Bonus=0,20*(Income-salary)

If income is $150000

Bonus= 0,20*(150000-30000)=$24000

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3 years ago
Sharon works for a cereal manufacturing company. Her company recently built a manufacturing facility in Canada and agreed to tak
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d. buyback

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2 years ago
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tigry1 [53]

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Leading Indicator is a variable that predicts what will happen with the sales of another product is referred to as that product's.

<h3>What is a leading indicator?</h3>

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To learn more about leading indicators click,

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