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o-na [289]
2 years ago
5

Partners Cantor and Dickens have capital balances in a partnership of $153000 and $241000, respectively. They agree to share pro

fits and losses as follows: Cantor Dickens As salaries $39100 $49000 As interest on capital at the beginning of the year 10% 10% Remaining profits or losses 50% 50% If net loss for the year was $8100, what will be the allocation to Dickens
Business
1 answer:
Elanso [62]2 years ago
6 0

Answer: $69,050

Explanation:

Net loss would imply that the salaries and interest on capital have already been deducted from income thus leaving the partners with a net loss.

Dicken's allocation would be:

= Salary + Interest on capital + share of profit

= 49,000 + (10% * 241,000) + (50% * -8,100)

= 49,000 + 24,100 - 4,050

= $69,050

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Crockin Corporation is considering a machine that will save $9,000 a year in cash operating costs each year for the next six yea
Roman55 [17]

Answer:

IRR = 16.5%

Explanation:

T<em>he IRR is the discount rate that equates the present value of cash inflows to that of cash outflows. At the IRR, the Net Present Value (NPV) of a project is equal to zero  </em>

<em>If the IRR greater than the required rate of return , we accept the project for implementation  </em>

<em>If the IRR is less than that the required rate , we reject the project for implementation  </em>

IRR = a% + ( NPVa/(NPVa + NPVb)× (b-a)%

NPV = PV of annual savings - initial cost

PV of annual savings = A× (1- (1+r)^(-n) )/r

A- annual savings in operating cost , r- rate of return, n- number of years

NPVa  at 10% discount rate

PV of cash inflow = (9,000×  1-1.1^-6)/0.1 =   39,197.35  

NPV =    65,328.91 - 33,165 =  6,032.35  

NPVb at 20% discount rate

PV of cash inflow = (9,000×  1-1.2^-6)/0.2=  (3,235.41)

NPV = 29,929.59  -33,165 = (3,235.41)

IRR = a% + ( NPVa/(NPVa + NPVb)× (b-a)%

IRR = 10% + ( (6,032.35/(6,032.35 +3,235.41) )× (20-10)%= 16.51%

IRR = 16.5%

8 0
3 years ago
Sam wanted to open a file that he saved yesterday. Which component inside the computer stores this file?
Dmitriy789 [7]
The answer would be hard drive
7 0
3 years ago
Read 2 more answers
Give an example of a public franchise and an example of a public enterprise. an example of a public franchise is
Masja [62]
<span>I took this before, it's a firm that is the​ sole, government-designated provider of electricity​, and an example of a public enterprise is the government directly providing sewage service.

(:
</span>
6 0
3 years ago
Achieving high product quality lowers operating costs because of the effect of quality on:___________.
denpristay [2]

Answer:

Option C, corporate-level planning, is the right answer.

Explanation:

Option C, “corporate-level planning” is the correct answer because it is the corporate planning according to which every employee has to work. If the quality of planning is good then the firm will produce higher output with lower operating cost and if the planning is not good or suitable then the firm can increase the productivity but operating cost may go very high. Therefore, option C is right.

5 0
3 years ago
Coastal Shores Inc. (CSI) was destroyed by Hurricane Fred on August 5, 2021. At January 1, CSI reported an inventory of $170,000
Fofino [41]

Answer:

$65,000

Explanation:

Calculation to determine what The estimated inventory loss due to Hurricane Fred would be

Beginning inventory$170,000

Add Net purchases195,000

Goods available for sale365,000

($170,000+$195,000)

Less: Cost of goods sold (300,000)

($480,000/160%)

Estimated ending inventory$65,000

($365,000-$300,000)

Therefore The estimated inventory loss due to Hurricane Fred would be $65,000

8 0
3 years ago
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