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o-na [289]
3 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]3 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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In order to understand consumer purchasing patterns for Lay's chips, Frito-Lay market researchers are likely to use ________ bec
S_A_V [24]

Answer: (C) Data mining    

Explanation:  

 The data mining is one of the process that is specifically used for extracting the necessary data or information from the given raw data system and it specifically uses the mathematical analysis for driving the various types of patterns.

The data mining is also known as the knowledge discovering tool that is used for extracting the knowledge from the give data in an organization.

According to the given question, the Frito-lay market is using the data mining method for analyzing the lathe history from the given database. Therefore, Option (C) is correct answer.  

4 0
4 years ago
Gary works in a factory where the workers are known to leave oily rags all over the place. Which of the following best describes
lbvjy [14]

<u>Answer: </u>

The term physical hazard best describes the oily rags.

<u>Explanation: </u>

  • The example narrated in the question statement is associated with hazardous environmental pollution due to a specific kind of waste that is in physical form that bears the potential of causing health issues.
  • The scattering of oil rags left by the employees over the place of work would turn the place unhygienic and unfit for work.
  • Hence, the term 'physical hazard' is used for oily rags.
6 0
3 years ago
A four-month European call option on a dividend-paying stock is currently selling for $5. The stock price is $64, the strike pri
timurjin [86]

The PV gain is 0.56 for an arbitrageur.

<u>Explanation</u>:

PV of the strike price is 60e-(12 \times 4/12) = $57.65

PV of dividend is 0.80e-(12 \times 1/12) = $0.79

where 5 < 64 - 57.65 - 0.79

  • The arbitrageur should buy the option and short stock, this above condition is missing in 10.8 condition.
  • The arbitrageur ought to contribute $ 0.79 of this at 12% for one month to deliver a profit of $0.80 in one month and the remaining $ 58.21 is put resources into four months in 12%, without considering the benefit that figures it out.  
  • If the stock price declines below $ 60 of every four months, the arbitrageur loses $ 5 spent on the choice however gains on an extremely short position, the arbitrageur shorts when the stock price is in $ 64 and deliver profit with PV of $ 0.79 and closes the short position when the stock price is $ 60 or less because $ 57.65 is the PV of $ 60 the short position generates at least 64-57.65-0.79 = 5.56

The PV gain at least 5.56-5.00  

0.56

  • If the stock price is above $60 at option when exercised and arbitrageur buys stock for $60 for four months and closes the short option. The PV of 60 is $57.65 and the dividend is 0.79 and gain in a short position and exercise the short option it results in 64-57.65-0.79= 5.56 and gains on PV is 5.56-5.0 = 0.56

4 0
4 years ago
You work in the marketing research department of Burger King. Burger King has developed a new cooking process that makes the ham
Bogdan [553]

Answer with its Explanation:

The first step is to diversify the sample size so that our sample includes every person from different cultures, geographic, religions, genders, etc., which would help in better assessment of the product's future in the market.

Second step is to set a sample size for receiving the feedback of the customers at required confidence interval that is Burger King's goal to achieve. For example, Burger King desires to achieve 93% customer satisfaction and the error rate would determined by using the confidence interval. This sample size would be calculated using the practical approach.

Third step is to ensuring that the errors in prediction are reasonably low by practical approach, confidence interval approach and diversified test samples. All this will help the company to ensure that they have accurate results in hand for decision making.

8 0
4 years ago
A vice president of operations wants to evaluate the impact of reducing manufacturing expenses on the firm's return on assets. W
frosja888 [35]

Available Options Are:

a. Cost of Goods Sold

b. Net Profit Margin

c. None of these

d. Asset Turnover

Answer:

Option B. Net Profit Margin

Explanation:

The increase or decrease in cost of Goods sold can not tell whether the return on assets has increased or decreased becuase it would only tell that the expense are decreased or increased not the profit. Which means it only tells one side of the story hence Option A is incorrect.

Option B is correct because it talks about the profit. If the manufacturing cost has been decreased then the it must increase the profit. Because if the profits has increased then the return on asset will increase. Hence the Option B is correct here.

Option D is incorrect because asset turnover formula is:

Asset Turnover = Sales / Total Assets

The decrease in manufacturing cost will not increase the sales because sales and total assets are independent of manufacturing expenses hence the Option D is incorrect.

3 0
4 years ago
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