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Colt1911 [192]
3 years ago
8

X Y and Z are partners sharing profit in the ratio of 2 by 3 ratio 1 by 4 ratio 1 by 12 calculate the new ratio if x retires ​

Business
1 answer:
kupik [55]3 years ago
3 0

Answer:

Y : Z = 3 : 1

Explanation:

Given:

X's share = 2/3

Y's share = 1/4

Z's share = 1/12

Find:

New ratio, when X retires ​

Computation:

X retires , So remain partners are 'Y' and 'Z'

Y's share = 1/4

Z's share = 1/12

Y : Z = 1/4 : 1/12

By taking LCM:

Y : Z = 3/12 : 1/12

Y : Z = 3 : 1

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In the United States, African Americans, Native Americans, and Asian Pacific Americans are considered the largest ______ minorit
Murljashka [212]

In the United States, African Americans, Native Americans, and Asian Pacific Americans are considered the largest racial minority groups.

A minority group is a group of people who are less numerous than the major groups within those groupings in terms of their practices, color, religion, ethnicity, or other traits.

Racial minority groups are a group of people of a particular race who are underrepresented in comparison to a bigger group, the general public, etc.

However, the term "minority" in the 1990s typically refers to four significant racial and ethnic groups: African Americans, American Indians and Alaska Natives, Asians and Pacific Islanders, and Hispanics. In some states and regions, this change in America's racial and ethnic makeup is most obvious.

Because everyone has a unique perspective on everything, it is crucial to respect the opinions of all people, including those who do not belong to the majority, minority, or even just one single guy. Some people are upbeat, therefore depending on the situation, they may be in the majority or minority.

To know more about racial minority refer to:  brainly.com/question/28103602\

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8 0
1 year ago
The length of time that elapses between the day a firm purchases an inventory item and the day that item sells is called the ___
Lana71 [14]

Answer:

inventory period

Explanation:

According to my research on different financial terminology, I can say that based on the information provided within the question this time lapse is called the inventory period. Like mentioned in the question this is the number of days inventory is held, calculated by subtracting the sale date from the day of purchase.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
High Country Corporation acquired two inventory items at a lump-sum cost of $80,000. The acquisition included 6,000 units of pro
SCORPION-xisa [38]

Answer:

$9,000

Explanation:

Calculation for the amount of gross profit that should be recognize

First step is to calculate the

A's sale value = 6,000 unit*12 per unit

A's sale value = $72,000

Second Step is to calculate B's sale value

B's sale value = 14,000 units*4 per unit

B's sale value= $56,000

Third step is to calculate the Total sale value

Total sale value = $72,000 + $56,000

Total sale value= $128,000

Fourth Step is to calculate the Cost of goods sold of A for 6,000 units and 2,000 units

Cost of goods sold of A for 6,000 units = ($72,000/$128,000) * $80,000

Cost of goods sold of A for 6,000 units = 0.5625*$80,000

Cost of goods sold of A for 6,000 units= $45,000

Cost of goods sold of A for 2,000 units = $45,000*2,000/6,000

Cost of goods sold of A for 2,000 units = $15,000

Last step is to calculate the Gross profit of A for 2,000 units

Gross profit of A for 2,000 units = (2,000*12 per units) - 15,000

Gross profit of A for 2,000 units = $24,000 - $15,000

Gross profit of A for 2,000 units = $9,000

Therefore the amount of gross profit that should be recognize will be $9,000

7 0
2 years ago
A store manager must decide how many rug cleaners to rent to customers. The manager estimates that the first would yield $200 a
Harrizon [31]

Answer:

The store manager must decide to buy 3

Explanation:

Given that:

  • The first:  $200 a year
  • The second $150
  • The third $75,
  • The fourth $50
  • Interest rate is 12 percent
  • Investment: $500

As we know that the rate of return will be: Income / Investment

So the rate of return of:

  • The first:  $200 / $500 = 0.4 = 40%
  • The second $150 / $500 = 0,3 = 30%
  • The third $75 / $500 = 0.15 = 15%
  • The fourth $50 / $500 = 0.1 = 10%

Only three rug cleaners have the rate of return greater than the interest rate so the store manager must decide to buy 3

5 0
3 years ago
15pts-- multiple choice!
katrin2010 [14]
Answer: bonds
Explanation: will allow for a risk free option and to gain money from a little bit of time and money
(not 100% sure on answer but I believe it is bonds)
6 0
3 years ago
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