If Anna originally invested $5,000 and Caleb invested $1,000 in the business, and the business made a profit of $60,000, how would the profit be split?

a. Regardless of what is in the partnership agreement, Anna will receive $50,000 of the profits and Caleb will receive $10,000.

b. If the partnership agreement does not specify how the profits will be split, then the proceeds will be split evenly ($30,000 to both).

c. If the partnership agreement specifies how the profits will be split, then the proceeds will be distributed accordingly, otherwise the profits will be split evenly between Anna and Caleb.

d. If the partnership agreement specifies how the profits will be split, then they will be split using the terms of the agreement.

Answers

Answer 1

Answer:

The answer is "Option A and B".

Explanation:

Irrespective of any terms of the cooperation arrangement, that corporation receives $50,000 and its company receives $10,000.

Unless the new agreement doesn't state how well the profits would be distributed, that revenues are shared evenly ($30,000 to each of them).

If the collaboration contract specifies that your benefits are distributed, therefore the conditions of the partnership are split" but "If it does not tell you how the earnings are split, then these gains are divided equal ($30,000 to both).


Related Questions

question 3 answer!!!

Answers

Answer:

A

Explanation:

I mean its stating the 4Ps of the marketing mix

Dixon Sales has seven sales employees that receive weekly paychecks. Each earns $10.00 per hour and each has worked 40 hours in the pay period. Each employee pays 12% of gross in federal income tax, 3% of gross in state income tax, 6% of gross in Social Security tax, 1.5% of gross in Medicare tax, and 0.5% of gross in state disability insurance. Journalize the recognition of the pay period ending January 19 which will be paid to the employees January 26. If an amount box does not require an entry, leave it blank. Present your answers to the nearest cent. Jan. 19.

Answers

Answer:

following are the solution to this question:

Explanation:

Sale of salaries    [tex](7 \times \$ \ 10.00 \times 40 \ hours)\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 2800[/tex]  

Federal taxable on wages    [tex](2800 \times 12\%) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 336[/tex]

State taxable on wages      [tex](2800 \times 3\%) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 84[/tex]

Social security tax owing to social security     [tex](2800 \times 6\%) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 168[/tex]

Charge owed on medicare   [tex](2800 \times 1.5\%)\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 42[/tex]

State insurance payable with disability    [tex](2800 \times 0.5\% ) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 14[/tex]

Payable Revenue Wages                                                                             2156

C&S Marketing (CSM) recently hired a new marketing director, Jeff Otos, for its downtown Minneapolis office. As part of the arrangement, CSM agreed on February 28, 2018, to advance Jeff $30,000 on a one-year, 8 percent note, with interest to be paid at maturity on February 28, 2019. CSM prepares financial statements on June 30 and December 31. Prepare the journal entry that CSM will make when the note is established.

Answers

Answer:

Journal Entry that CSM will make when the note is established.

Date        Account Title & Explanation    Debit      Credit  

Feb 28,   Note receivable                        $30,000

2018                Cash                                                   $30,000

               (To record issue of note payable)


What is Economic Utility

Answers

Answer:

Utility is a term in economics that refers to the total satisfaction received from consuming a good or service. ... The economic utility of a good or service is important to understand, because it directly influences the demand, and therefore price, of that good or service

Explanation:

Answer: The capacity of a good or service to meet the demand of a consumer. The amount of economic utility of a good or service determines what the demand will be for that good or service, which impacts the price that people will be willing to pay to obtain it

Which phrase best completes the list?
Edit: The correct answer is D

Answers

Answer:

The answer is D

Explanation:

because you can't withdrawal money whenever you want that makes long term savings have more interest then savings accounts.

A deposit of 10,000 offering a 6%annual rate would pay how much interest over a six month period?​

Answers

I hope I don’t get this wrong but I think it’s c

Which sentences in the passage correctly describe the intermediaries in the distribution process?
A. Brokers purchase goods from various producers and stock them. B. They sell stocks of goods to different retailers according to their requirement.
C. Distributors facilitate the logistics function of storing goods at a suitable location until they can be dispatched. D. They also finance the sale at times, which implies that they provide credit to retailers.

Answers

Answer:

sentence C and D

Explanation:

choose both sentences!!

"Distributors facilitate the logistics function of storing goods at a suitable location until they can be dispatched. They also finance the sale at times, which implies that they provide credit to retailers."

Answer:

Nah Only choose C.

Explanation:

I got it right

name 3 of the most famous economists and their significant contributions

Answers

1John Maynard Keynes (1882-1946)
2Friedrich August von Hayek (1899-1992)
3Milton Friedman (1912-2006)

Wilson Wonders's bonds have 12 years remaining to maturity. Interest is paid annu- ally, the bonds have a S1,000 par value, and the coupon interest rate is 10%. The Yield to Maturtty for Annual Payments bonds sell at a price of S850. What is their yield to maturity?

Answers

Answer:

approximate YTM = 12.16%.

Explanation:

the approximate yield to maturity = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]

approximate yield to maturity = {100 + [(1,000 - 850) / 12]} / [(1,000 + 850) / 2] = 112.5 / 925 = 0.1216 = 12.16%

An investor that purchases this bond at $850 can expect to earn a 12.16% return.

explain the law of diminshing marginal utility with diagram?

Answers

Answer:

Draw graph.

Make DMU line

Draw line increasing until a peak.

Then Drop at same rate as increase.

Explanation:

Just like the law of Diminishing marginal returns, The Law of diminishing marginal utility will max out at a certain point. This point is usually where the firms payment, space, and other capabilities are maxed out at the moment.

To assess the risk and return involved in a purchase decision, which practical questions should a potential buyer ask? Select three options.

What can go wrong?
What are the alternatives?
How will it affect my status in society?
What is the likely return?
Is the risk worth the return?

Answers

maximizes the impact of the HR profession on organizational decision-making and ... contrast, stable employers do everything they can to retain their employees. More than three million Americans lost their jobs in 2008.

To assess the risk and return involved in a purchase decision, the practical questions should a potential buyer ask is

What can go wrong?What is the likely return?Is the risk worth the return?

What is a Risk?

Risk is the potential that something negative may occur or any uncertainty that will disturb or harm a person's well-being or asset in terms of physical damage or financial loss.

A potential buyer is one who has a keen interest in the deal and is the one who is most affected by any changes that take place in return or cause risk to business activities and purchase decisions.

Your advertising approach can be correctly aligned by understanding the consumer's thinking processes from identifying a need to generating possibilities to selecting a particular product and brand.

Learn more about Risk, here:

https://brainly.com/question/27754423

#SPJ7

What is the meaning of cash in the balance sheet?

Answers

Answer:

The cash balance reported on a balance sheet is the cash in your bank adjusted for payments and receipts that have not yet cleared. For example, writen but not cashed cheques, or recieved but not yet deposited cheques.

Explanation:

What is the difference between a market economy and a command
economy?
A. A market economy is determined by central authority and a
command economy is determined by consumers.
B. A market economy is determined by consumers while a command
economy is determined by both consumers and central authority.
C. A market economy is determined by both central authority and
consumers while a command economy is determined by only
consumers.
D. A market economy is determined by consumers and a command
economy is determined by central authority.

Answers

Answer:

D: A market economy is determined by consumers and a command

economy is determined by central authority.

Explanation:

Because command economy the government own the factors of production such as land, capital, and resources.

Suppose that a small town has seven burger shops whose respective shares of the local hamburger market are (as percentages of all hamburgers sold): 25 percent, 24 percent, 18 percent, 12 percent, 11 percent, 6 percent, and 4 percent.

Answers

Answer:

a. Four-firm concentration ratio is the total sales percentage of the top 4 burger shops in the industry;

= 25% + 24% + 18% + 12%

= 79%

b. Herfindahl index is the sum of the squares of the percentage sales of all the shops in the industry;

= 25² + 24² + 18² + 12² + 11² + 6² + 4²

= ‭1,842‬

c. Top 3 shops combine to form one shop.

= 25 + 24 + 18

= 67%

Four-firm ratio = 67% + 12% + 11% + 6%

= 96%

‭Herfindahl index = 67² + 12² + 11² + 6² + 4²

= ‭4,806‬

1. Starbucks has become a phenomenon worldwide, with more than 24,000 stores in more than 60 countries. Sales are great even at relatively high prices for its products. This can perhaps be explained in the United States (and other wealthy markets), but how can Starbucks’ success be explained by its foreign market entry in less developed and emerging markets? 2. Do you expect that the growth of the number of Starbucks stores worldwide will continue into more countries, or do you expect Starbucks to focus on more stores in the foreign markets in which the company already has at least some stores already established? 3. With the CEO and driver of the company—Howard Schultz—stepping down as the company’s unques- tioned leader, do you expect Starbucks to change its foreign market entry strategy in any way?

Answers

Answer:

Following are the solution to this question:

Explanation:

In point 1:

Starbucks is becoming a worldwide premium brand or popularity symbol for its premium pricing, good quality, as well as the most preferred selection of items. It is a symbol of the West's lifestyle and success. Income activity throughout the developing economies has also been rapid, and a new group of loyal consumers is emerging that values that western lifestyle or accomplishment. They would like to show their achievements and profit from their riches, so this creates a substantial demand for luxury high-end brands like star bucks. That is why Star Bucks were beginning and growing in much less and emerging countries.

In point 2:

It is important to note, that it creates a market on its own, in which it can only cater to specific consumers, which is why so many nations are attempting on just this market. It may lead Starbucks the enter the market and also in particular. If you see the case of foreign nations when Starbucks wasn't an opera.

In point 3:

It would not adjust its company strategy, I wouldn't believe it. An ambitious CEO, Schultz helps Starbucks to expand from 11 stores to over 28,000 in 77 countries, during Schultz's leadership. It found the perfect middle of taking different tactics and enabling local forces to form their brand while maintaining one's key business principles.

Its business is achieved in its strategy of global expansion and international revenue growth. We assume that only the current leader will be moving along its route and concentrating on adjusting to regional target audiences. Specific goals, market research, competitive analytics, selective market entry strategies, funding needs, and strategic growth were two key elements of international marketing strategy.

From its growth rate viewpoint, it's indeed clear that Schultz's management was conscious of all of those variables but implemented these properly. UnderSchultz's leadership, that company's inventory has risen 21,000 % since its initial public offering in 1992. Before changing its strategy, the new leadership will consider all these elements.

You buy a new commercial stove for $9,000 and estimate that it will enable you to deliver 20 additional meals per night at an average price of $20. Assuming 25% food cost and no additional costs to using the new stove, how long will it take the stove to pay for itself? a)30 days, b) 90 days, c)180 days, d)365 days

Answers

Answer:

a)30 days

Explanation:

For the stove to repay itself, it will have to reach the break-even point.

the costs associated with the are the cost $9000

The gains from the stove:  20 meals per night at $20.

the cost per mean is 25% of the selling price

=25/100 x 20

=0.25 x20

=$5

The profits per meal = $20 -$5 = $15

Profits for 20 meals = $15 x 20 =$300

Dairy income from the stove is $300

To recover the cost, it will take $9000/$300 days.

=30 days

Answer:

30 days

Explanation:

Dealing with pressure is unimportant in today’s business environment. Please select the best answer from the choices provided T F

Answers

Answer:

FALSE BRO

Explanation:

Answer:

false

Explanation:

You plan to host three recruiting events. Each event charges $100/hour. If you ran your event for two hours at each event, what would be the total cost?

Answers

Answer:

Total cost = $600

Explanation:

Given:

Number of events = 3

Cost per hour = $100

Each event time = 2 hour

Find:

Total cost

Computation:

Total cost = Number of events x Cost per hour x Each event time

Total cost = 3 x 100 x 2

Total cost = $600

Exercise 9-10 Warranty expense and liability computations and entries LO P4 Hitzu Co. sold a copier costing $4,800 with a two-year parts warranty to a customer on August 16, 2017, for $6,000 cash. Hitzu uses the perpetual inventory system. On November 22, 2018, the copier requires on-site repairs that are completed the same day. The repairs cost $209 for materials taken from the repair parts inventory. These are the only repairs required in 2018 for this copier. Based on experience, Hitzu expects to incur warranty costs equal to 4% of dollar sales. It records warranty expense with an adjusting entry at the end of each year. How much warranty expense does the company report in 2017 for this copier?

Answers

Answer:

the warranty expense does the company report for the year 2017 is  $240

Explanation:

The computation of the warranty expense does the company report for the year 2017 is shown below:

= Dollar sales × given percentage

= $6,000 × 4%

= $240

Hence, the warranty expense does the company report for the year 2017 is  $240

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Sam's Pizza is considering a new store location. For accounting purposes, fixed operating costs for a store are $245,000 a year, and variable costs are 42 percent of sales. The average pizza sells for $12.50. Compute the annual break-even sales level in number of pizzas for this store location.

Answers

Answer:

33,793   pizzas

Explanation:

The annual break-even sales level for the number of pizzas sold in the location is computed using the break-even sales units formula  below:

break-even sales=fixed costs/contribution margin per pizza

fixed costs=$245,000

contribution margin per pizza=selling price-variable cost

selling price=$12.50

variable cost=selling price*42%

variable cost=$12.50*42%

variable cost=$5.25

contribution margin per pizza=$12.50-$5.25 =$7.25

break-even sales=$245,000/$7.25 = 33,793   pizzas

100 free hope you do the same

Answers

Tyyyyyyyyysssssmmmmmmmm

Answer:

Explanation:

ma boy

Question #7
Choose the era that best matches the statement given.

The ____ immediately followed the Great Depression.

Answers

Answer:

recession

Explanation:

The great recession followed the great depression

Which of these are commonly found on a partnership agreement?

Answers

Answer:

We need the options

Explanation:

please add options

- Osi

how do I surprise my mom with a special guest and get her to make extra dinner for them so that they can eat with us to without telling her that the special guest is coming
HURRY ASAP ​

Answers

Answer:

tell her to make extra!

Explanation:

you can use excuses such as wanting to pack leftovers for a meal the next day, or saying you're extra hungry

whos down to run away with me?

Answers

i’m good... why do you want to?

what are connections between levels of investment and economic growth during the financial crisis of 2008 and 2009

Answers

Answer:

it became better over the years

Explanation:

because after a while what ever was created became life to people in the new wrld and devices became more and more popular

Answer:

When viewed and analyzed together, economic indicators and market

indexes can provide a clear picture of economic growth. The main measure of economic growth is gross domestic product or GDP. If GDP declines, we can safely say that the economy is shrinking. Market data indicates that this change took place during the financial crisis in 2008 and 2009. These changes match trends in employment. As employment dropped, so did the economy's growth. Finally, these changes correspond to market indexes. Prices and market demand dropped as other indicators dropped in turn. Altogether, these indicators and indexes provide a clear pattern for analyzing economic changes.

Explanation:

edg 2020

Why is it important to learn to be a team player

Answers

Answer:

Businesses thrive when they have a diverse team of people who can contribute individual ideas. Teamwork helps solve problems. Collaboration within a group can help solve difficult problems. Brainstorming is a good opportunity for the team to exchange ideas and come up with creative ways of doing things.

Explanation:

Being a team player is important because otherwise you won’t succeed in life. Learning to input and share ideas is important while also letting others share their thoughts and encouraging them.

7 stores steps in decision making process

Answers

Identify the decision

To make a decision, you must first identify the problem you need to solve or the question you need to answer. Clearly define your decision. If you misidentify the problem to solve, or if the problem you’ve chosen is too broad, you’ll knock the decision train off the track before it even leaves the station.

If you need to achieve a specific goal from your decision, make it measurable and timely so you know for certain that you met the goal at the end of the process.

2. Gather relevant information

Once you have identified your decision, it’s time to gather the information relevant to that choice. Do an internal assessment, seeing where your organization has succeeded and failed in areas related to your decision. Also, seek information from external sources, including studies, market research, and, in some cases, evaluation from paid consultants.

Beware: you can easily become bogged down by too much information—facts and statistics that seem applicable to your situation might only complicate the process.

3. Identify the alternatives

With relevant information now at your fingertips, identify possible solutions to your problem. There is usually more than one option to consider when trying to meet a goal—for example, if your company is trying to gain more engagement on social media, your alternatives could include paid social advertisements, a change in your organic social media strategy, or a combination of the two.

4. Weigh the evidence

Once you have identified multiple alternatives, weigh the evidence for or against said alternatives. See what companies have done in the past to succeed in these areas, and take a good hard look at your own organization’s wins and losses. Identify potential pitfalls for each of your alternatives, and weigh those against the possible rewards.

5. Choose among alternatives

Here is the part of the decision-making process where you, you know, make the decision. Hopefully, you’ve identified and clarified what decision needs to be made, gathered all relevant information, and developed and considered the potential paths to take. You are perfectly prepared to choose.

6. Take action

Once you’ve made your decision, act on it! Develop a plan to make your decision tangible and achievable. Develop a project plan related to your decision, and then set the team loose on their tasks once the plan is in place.

7. Review your decision

After a predetermined amount of time—which you defined in step one of the decision-making process—take an honest look back at your decision. Did you solve the problem? Did you answer the question? Did you meet your goals?

If so, take note of what worked for future reference. If not, learn from your mistakes as you begin the decision-making process again

Courtney is a senior in college and just started her first job as a sales associate. At her new job, she expects to make about $24,000 per year. She is excited to receive her first paycheck, which is given twice a month. Courtney learns that 15% of her gross pay will be withheld for federal income tax, 4% for state income tax and 6% for Social Security and Medicare taxes. Help Courtney figure out what her take home, or net pay is, and how much she will pay in taxes each paycheck.
State:
Social Security and Medicare:​

Answers

Answer:

Take home $750

Taxes =$250

Explanation:

Courtney earns $24,000 per year. She is paid twice per month. One year has 12 months. Courtney will be paid 24 times a year.

Courtney will be paid $24,000/ 24 times per paycheck

=$1000

Her deductions will be

1. Federal income tax 15% of 1000

=15/100 x $1000

=$150

2. State income tax

=$4% of 1000

=4/100 x 1000

=$40

3. Social security and medicare

=6% of 1000

=6/100 x 1000

=$60

take home will be gross pay - total deductions

=$1000-($150+$40+$60)

=$1000 -$250

=$750

Total taxes per pay check =$250

answers for question 12!!!!

Answers

Answer:

i think it may be A

Explanation:

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