A dode blank has three beats'

Alex, brad, and carl are partners. the profit and rule sharing rule between them is 4:3:3 in the alphabetical order. the partner

goblinko [34]

If i understand your question properly, you want to determine how much each partner wiil have based on the sharing ratio.

Answer:

Alex- $40,000

Brad- $30,000

Carl- $30,000

Explanation:

For a net loss of $100,000 shared between partners in the ratio 4:3:3, the value of each partner's ratio can be calculated as seen below.

Step 1: Add the ratios

i.e; 4 + 3 + 3 = 10

Step 2: Calculate the value of each ratio in $100,000 using te formula

(ratio value ÷ total ratio) × $100,000

For Alex, we have

(4 ÷ 10) × $100,000

= 0.4 × $100,000

= $40,000

For Brad, we have

(3 ÷ 10) × $100,000

= 0.3 × $100,000

= $30,000

For Carl, we have

(3 ÷ 10) × $100,000

= 0.3 × $100,000

= $30,000

N.B: To confirm if the value of each ratio is correct, you can add up the values to see if it makes $100,000. If it doesn't, then the calculatio is wrong.

Adding the value of the ratios, we have $40,000 + $30,000 + $30,000 = $100,000.

i hope this helps

6 0

3 years ago

Christie makes changes to her budget at the end of every month. What is her reason for doing this in terms of smart financial pl

mr_godi [17]

A great reason to revise her monthly budget is that Christine can adjust her planning to meet her specific goals. While sticking to long term goals may be a good idea for some, if that is not possible adjusting your budget is a good way to keep track of income and expenses and to make sure that you do not spend more than you should.

4 0

3 years ago

Read 2 more answers

All of these are pitfalls an organization should avoid in strategic planning except:_____________.1. using plans as a standard f

Tamiku [17]

Answer:

1. using plans as a standard for measuring performance.

Explanation:

Strategic planning is an important process that enables a business or an organization to have a sense of direction, goal orientation, and also enables them to evaluate and measure progress.

It is important when carrying out the strategic planning process to first focus on clarifying and developing the vision, mission and objectives of the business before moving on to strategy formulation, this helps to give a sense of direction.

In the process of strategic planning, involving key employees cannot be overemphasized. Giving key employees the chance to be involved in the planning process will enable them to connect to the business and set them up for success.

Apart from the fact that strategic planning provides a sense of direction, it also enables a business to outline goals that can be measured, hence providing a standard for measuring performance.

3 0

3 years ago

Wood County Hospital consumes 1,000 boxes of bandages per week. The price of bandages is $35 per box, and the hospital operates

jarptica [38.1K]

Answer:

= $367.34

Explanation:

Economic order quantity (EOQ) is the order quantity that minimizes the balance of holding cost and ordering cost. At the EOQ, the holding costs are equal to the ordering costs.

EOQ = (2× Co× D)/Ch

Total relevant cost of inventory = ordering cost + Holding cost

Step 1

Total cost of inventory under EOQ

EOQ for Wood County

EOQ = 2√(2× 15 × 1000× 52)/(15%× 35)

= 545.10 units

ordering cost =( (1000× 52)/ 545.10 ) × 15 = 1,430.90

Holding cost = ( 545.10/ 2) × 15% × 35 =1,430.90

Total cost =1430.90 + 1430.90= $2,861.81

Step 2

Total cost of inventory using order size of 900 boxes

ordering cost =( (1000× 52)/900 ) × 15 = 866.66

Holding cost = (900/ 2) × 15% × 35 = 2,362.5

Total cost = 866.66 + 2,362.5 = $3,229.16

Step 3

Calculate in savings in total costs

Savings = Difference in total inventory cost of EOQ order size and 900 boxes order size :

=$3,229.16-$2,861.81

= $367.34

Savings = $367.34

3 0

2 years ago

Goodlife inc. is a luxury condominium-building company that is based in the country of el verdad. it sells highly priced homes t

Elena-2011 [213]

Transnational Strategy

Venture to achieve low-cost, mark up products across markets and to foster a flow of skills between different subsidiaries. High cost pressures, high local responsiveness pressures. Actually there are a four kinds of strategy; Global Standardization Strategy, Transnational Strategy, International Strategy, Localization Strategy.

3 0

2 years ago