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Volgvan
3 years ago
13

Seth and Rachel have original investments of $50,000 and $100,000, respectively, in a partnership. The articles of partnership i

nclude the following provisions regarding the division of net income: interest on original investments at 15%; salary allowances of $24,000 and $20,000, respectively; and the remainder to be divided equally. How much of the net income of $90,000 is allocated to Seth?
Business
1 answer:
zysi [14]3 years ago
4 0

Answer:

The amount of the net icome of $90,000 to be shared to Seth is $43,250.

Explanation:

Net income shared to Seth = net income - interest on capital at 15% - salary allowance -balance to be equally shared

= $90,000 - 15%(90000) - $20000 -  $11750

= $43250

Therefore, the amount of the net icome of $90,000 to be shared to Seth is $43,250.

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Fresh-Cola Inc. is a manufacturer of carbonated drinks that packages its products in bottles, cans, and 12-pack cartons. A stand
Sloan [31]

Answer:

Fresh cola is using packaging as a part of its product differentiation strategy

Explanation:

A product differentiation strategy may require adding new functional features or might be as simple as redesigning packaging. Therefore Fresh cola is using packaging as a part of its product differentiation strategy since it changed its previous features to a new one

4 0
3 years ago
The Hazard Communication Standard, commonly called the “Right-to-Know” law, gives you the right to know what information?
tigry1 [53]
The answer should be B. and they have a picture to tell you what tipe of is it like (health hazard,Flame, exlamation hazard which means irretation to skin narcoticand,ect.) they still have to have a picture and what they are and what type of damage it will do to your body.
6 0
3 years ago
Read 2 more answers
Foods Galore is a major distributor to restaurants and other institutional food users. Foods Galore buys cereal from a manufactu
Oksanka [162]

Answer:

The appropriate solution is:

(a) 2828 cases each time

(b) $4005656.85

(c) $3609800

Explanation:

The given values are:

Annual demand,

D = 200,000 cases

Per case cost,

C = $20

Carrying host,

H = 10 \ percent\times 20

  = $2

Ordering cost,

S = $40

(a)

The economic order quantity will be:

⇒ Q^*=\sqrt{(\frac{2DS}{H} )}

On substituting the values, we get

         =\sqrt{[\frac{(2\times 200000\times 40)}{2} ]}

         =\sqrt{\frac{16000000}{2} }

         =2828

(b)

According to the question,

The annual ordering cost will be:

=  (\frac{D}{Q^*}) S

=  (\frac{200000}{2828}) 40

=  2828.85 ($)

The annual carrying cost will be:

=  (\frac{Q^*}{2})H

=  (\frac{2828}{2} )2

=  2828 ($)

The annual purchase cost will be:

=  D\times C

=  200000\times 20

=  4000000 ($)

Now,

The total inventory cost will be:

=  2828.85+2828+4000000

=  4005656.85 ($)

(c)

According to the question,

Order quantity,

Q = 10000 cases

Per case cost,

C = $18

Carrying cost,

H = 10 \ percent\times 18

   = 1.8

The annual ordering cost will be:

=  (\frac{D}{Q} )S

=  (\frac{200000}{10000} )40

=  800 ($)

The annual carrying cost will be:

=  (\frac{Q}{2} )H

=  (\frac{10000}{2} )1.8

=  9000 ($)

The annual purchase cost will be:

=  D\times C

=  200000\times 18

=  3600000

Now,

The total cost of inventory will be:

=  800+9000+3600000

=  3609800 ($)

8 0
3 years ago
In Texas, proof of financial responsibility can be demonstrated by depositing $60,000 in cash or securities with the state compt
pav-90 [236]

true In Texas, proof of financial responsibility can be demonstrated by depositing $60,000 in cash or securities with the state comptroller

<h3>What is cash?</h3>

Cash is money in the physical form of currency, such as banknotes and coins, in economics. Cash is a current asset in bookkeeping and financial accounting that consists of currency or currency equivalents that can be accessed immediately or nearly immediately.

Cash (currency or coins) is legal tender that can be used to exchange goods, debt, or services. It may also include the value of assets that can be quickly converted into cash, as reported by a company.

Cash is currency money, which includes all bills, coins, and currency notes. A demand deposit is a type of account that allows funds to be withdrawn at any time without notifying the institution. Checking and savings accounts are examples of demand deposit accounts.

To know more about cash follow the link:

brainly.com/question/25530656

#SPJ4

3 0
1 year ago
7. If you make $35,000.00 a year and your company buys accidental life insurance for you that covers your life with 3x coverage,
Mashcka [7]

Answer:

$105,000.00

Explanation:

3x 35,000.00= 105,000.00

3 0
3 years ago
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