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Volgvan
2 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]2 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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Sedaia [141]

Answer:

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4 0
3 years ago
Richard is a secondary science teacher at a Catholic High School. He has worked there for three years. When he was first intervi
vredina [299]

Explanation:

In the scenario described by the question above, we saw that the main problems in the workplace begin with the hiring of Professor Richard, this is due to the fact that a Catholic school is based on values ​​and dogmas that are religious symbols of tradition, respect and culture.

A religious dogma is one considered the fundamental and indisputable point of a belief.

Therefore, at the time of the job interview, Richard gave the impression that his beliefs were aligned with those of the school and the Catholic spirit, but nevertheless, he posts extensive social media where he criticizes and defends values ​​contrary to those of the Catholic institution he works for. , which generated revolt in the parents of the students and culminated in their contractual termination.

In return, the school should establish clearer and more effective conduct policies for employees, especially in an institution based on specific values.

The school should better analyze Richard's professional conduct before terminating his contract, making it clear to him that, regardless of his individual positions, in the workplace he should act in accordance with the company's current rules and procedures.

4 0
2 years ago
Amanda looked up at the scoreboard and exclaimed, "Wow, that is so vivid and fantastic. I don't know what that cost, but it is a
Neko [114]

Answer:

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Explanation:

Throughout history, sport has evolved while society has done it. Both at a professional or elite level and at an amateur level, the sport has undergone several revolutions, some of them due to technological inventions.

There is no sport that has not undergone a technological revolution, one way or another. Some, like basketball, have been more prone in this regard, while others have been sidelined. But without a doubt, nobody escapes the tentacles of innovation.

Technology in sports has been included to apply its rules more easily, be more objective, and improve the accuracy of the sport. They are tools that facilitate the practice of sport.

3 0
2 years ago
The issuance of notes payable for borrowing is classified in the statement of cash flows as a(n): Multiple Choice Operating acti
Harman [31]

The transaction of the issuance of notes payable for borrowing will be classified in cash flows statement as a Financing activities.

Under the statement of Cash-flow, the financing activities section records all transactions that involves long-term liabilities, owner's equity etc.

  • Hence, the transaction of the issuance of notes payable for borrowing will be classified in cash flows statement as a Financing activities.

Therefore, the Option C is correct.

Read more about Cash-flow

<em>brainly.com/question/735261</em>

8 0
2 years ago
The selection of the factory overhead allocation method is important because the method selected determines the accuracy of the
rusak2 [61]
If this is a true or false question, then yes, it is <u>true</u> that the selection of the factory overhead allocation method is important because the method selected determines the accuracy of the product cost.It is important to determine the appropriate method to allocate overhead in a certain factory so as to ensure that the cost of a product is suitable and accurate.
6 0
3 years ago
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