Answer:
E) $11,000 gain.
Explanation:
Jane's capital in the partnership = $40,000 (land exchanged for stock) + $8,000 (Jane's share of the partnership's profits) - $10,000 (distribution received by Jane) = $38,000
Jane sold her stake at the partnership at $49,000, so her gain = selling price - capital = $49,000 - $38,000 = $11,000
Units are actively managed, as portfolio managers typically attempt to match the return of a stated index
<h3>What is portfolio manager ?</h3>
A portfolio manager (PM) is a qualified individual tasked with selecting investments and carrying out related tasks on behalf of invested people or organizations. Clients put their money into a retirement fund, endowment fund, or education fund as part of the PM's investing strategy in order to develop it in the future.
PMs are in charge of developing an investment strategy, choosing the right investments, and properly allocating each investment to an investment fund or asset management vehicle. They collaborate with a team of analysts and researchers to carry out these tasks.
An investment manager's objective is to generate a return that is higher than the return anticipated given the level of risk. Investors can keep track of this return through performance reports given by the PM on a weekly, monthly, quarterly, or annual basis. A performance benchmark or a comparison of the manager's investment approach to an index may be established.
To know more about retirement fund
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Answer:
A. 42%
Explanation:
Given the above information,
Contribution margin ratio = (Selling price - Unitary variable cost) / Selling price
Selling price = $2,122,200 / 262,000 = $8.1
Total variable cost = Variable manufacturing expense $975,200 + Variable selling and administrative expense $260,400 = $1,235,600
Unitary variable cost = $1,235,600 / 262,000 = $4.72
Contribution margin ratio = (8.1 - 4.72)/8.1 = 41.73% = 42%
Answer:
$223,200
Explanation:
to determine the depreciation charge, calculate the book value of the asset. use this revised book value to calculate the depreciation using the revised estimates
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
Book value = cost of the asset - accumulated depreciation
$1,470,000 - $354,000 = $1,116,000
salvage value - 0
useful life = 5
Straight line depreciation expense = $1,116,000 / 5 = $223,200
So tyler company gets new customer which purchase 20% of the production whcih company sales during business year with th 40% discount.
