Answer:
Explanation:
The partnership agreement is silent about the payment of salaries and the division of profits and losses.
Profits should be divided based on capital invested by each
The capital investment by Gillie, Taft and Dall is 60000 : 120000 : 60000 Distribution has to be in ratio of 1:2:1
Total profits are 120,000, 1:2:1 ratio
The distribution will be Gillie $30,000, Taft $60,000 and Dall $30,000.
Answer:
a. 30 units of corn and 30 units of wheat.
Explanation:
Freedonia:<u><em> (without trade)</em></u>
6 corn x 5 workred = 30 corn
2 wheat x 5 worked = 10
Fredonia <u><em>(with trade)</em></u> will focus on corn only:
6 corn x 10 workers = 60 corn
Then 30 are trade it out, leaving 30 corn
from trade it receives 30 units of wheat
total 30 units of both goods.
President Obama added anywhere from $983 billion to $9 trillion to the national dept.
Because today's business are wholly dependent on technology for their survival.
This is especially in production, customer service, and marketing.
Answer:
A) FV= 6414.27
B) FV=2000*(1.09^15)= 7284.97
Explanation:
Giving the following information:
A) Present value= $2,000
Compounded annually for 20 years at 6 percent.
n= 20
i=0.06
B) Present value= $2,000
Compounded annually for 15 years at 9 percent.
n=15
i= 0.09
To calculate the Final Value we need to use the following formula:
FV= Present value*(1+interest rate)^n
A) FV= 2000*(1.06^20)
FV= 6414.27
B) FV=2000*(1.09^15)= 7284.97
