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Answer: A, file a claim
Explanation:
I hope this helped!
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- Zack Slocum
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Answer:
A. file a claim
Explanation:
The answer is A. If you are on TeachBanzai because I did this a couple months ago and got 100%
The partnership agreement of Owens, Gehrig, and Nagurski provides for the following income ratio: (a) Owens, the managing partner, receives a salary allowance of $18,000, (b) each partner receives 15% interest on average capital investment, and (c) remaining net income or loss is divided equally. The average capital investments for the year were: Owens $100,000, Gehrig $200,000, and Nagurski $300,000. If partnership net income is $90,000, the amount distributed to Owens should be
Answer:
Owens will get $18,000 + $12,000 = $30,000
Explanation:
average capital investments:
Owens $100,000Gehrig $200,000Nagurski $300,000Net income = $90,000
Owens received a $18,000 salary
Remaining income = $72,000
interest on capital investment = $600,000 x 15% = $90,000
since $90,000 ≥ $72,000, profits must be allocated proportionally:
Owens = $72,000 x 1/6 = $12,000
Gehrig = $72,000 x 2/6 = $24,000
Nagurski = $72,000 x 3/6 = $36,000
Specialty store manager Terri is evaluating her employees for the first week of March. Her part-time sales associates have a sales goal of $5,000 per week, and a conversion rate goal of 60%. Keeping track of how many customers came into the store during her shifts, sales associate Suzy had 120 customers enter the store that week during her shift. Her sales indicate 65 separate transactions for a total sales amount of $4803. Suzy's conversion rate for the week is _______ and her Meeting Quota ratio is _______
Answer:
0.54 and 0.96
Explanation:
Conversion rate is Sales / Sales calls.
There are 65 sales transactions in total and the customers entered into the store are 120.
Conversion rate is 65 / 120 = 0.54
Meeting Quota ratio is Actual Sales / Sales goal
Actual Sales amount to $4803 while the sales goal was $5,000
Meeting quota ratio is 4803 / 5000 = 0.96