X Y and Z are partners sharing profit in the ratio of 2 by 3 ratio 1 by 4 ratio 1 by 12 calculate the new ratio if x retires
Answers
Answer:
Y : Z = 3 : 1
Explanation:
Given:
X's share = 2/3
Y's share = 1/4
Z's share = 1/12
Find:
New ratio, when X retires
Computation:
X retires , So remain partners are 'Y' and 'Z'
Y's share = 1/4
Z's share = 1/12
Y : Z = 1/4 : 1/12
By taking LCM:
Y : Z = 3/12 : 1/12
Y : Z = 3 : 1
Related Questions
Which is an advantage of the sole proprietorship and partnership business models?
Answers
Explanation:
Advantage is profit easy to earn money etc
Simkin Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: Hours Wait time 22.4 Process time 7.3 Inspection time 1.9 Move time 4.5 Queue time 6.6 The manufacturing cycle efficiency (MCE) was closest to:
Answers
Answer: 0.36
Explanation:
Given the following information :
Hours Wait time = 22.4
Process time = 7.3
Inspection time = 1.9
Move time = 4.5
Queue time = 6.6
The Manufacturing Cycle Efficiency (MCE) equals:
The ratio of the process time and the throughput time
The throughput time (Manufacturing cycle) regers to the duration of time required to manufacture a particular product.
It is usually the sum of the process, inspection, move and queue time.
Therefore, throughput time equals ;
(process + inspection + move + queue) time.
(7.3 + 1.9 + 4.5 + 6.6) = 20.3
MCE = PROCESS TIME / THROUGHPUT TIME
MCE = 7.3 / 20.3 = 0.3596 = 0.36
As Bart Brownlee approached retirement, he decided the time had come to invest some of his nest egg in a conservative fund. He chose the Franklin Utilities Fund. If he invests $30,000 and the fund charges a load of 4.25 percent when shares are purchased, what is the amount of commission (load) Bart must pay?
Answers
Answer:
$1,275
Explanation:
The computation of the amount of commission for paying is shown below:
= Invested amount × fund charges a load percentage
= $30,000 × 4.25%
= $1,275
By multiplying the invested amount with the fund charges a load percentage we can easily calculate the amount of commission and the same is to be considered
i am going to take my drivers ED for my licsense is there any thing i need to know thats important PLEASE HELP!!!!
Answers
i have a tip, try your best to stay calm. if you are nervous, take a deep breath and meditate before class
Answer: what you need to know is that not to be nervous if you are take da p breathes and when driving not to grab the steering wheel with to much strength hold the steering wheel as if you were holding someone's hand. But most important of all stop at the street lights and a good driver pays attention to there surrounding.
Explanation:sorry if it was late
Angina, Inc., has 5 million shares outstanding. The firm is considering issuing an additional 1 million shares. After selling these shares at their $20 per share offering price and netting 95% of the sale proceeds, the firm is obligated by an earlier agreement to sell an additional 250,000 shares at 90% of the offering price. In total, how much cash will the firm net from these stock sales?
Answers
Answer:
$23,500,000
Explanation:
Angina Inc. has an outstanding of 5 million shares
The company is considering issuing an additional 1 million shares at $20 per share offering price and 95% of the proceeds gotten from the sale
An earlier agreement obligated the firm to sell an additional 250,000 shares at 90% of the offering price
The first step is to calculate the net proceeds for the shares sold
Net proceeds= Number of shares sold×price per share×percentage of sales proceed
The net proceeds for 1,000,000 shares can be calculated as follows
= 1,000,000×95/100×$20
= 1,000,000×0.95×$20
= $19,000,000
The net proceeds for 250,000 shares can be calculated as follows
= 250,000×90/100×$20
= 250,000×0.9×$20
= $4,500,000
Therefore, the total proceeds can be calculated as follows
= $19,000,000+$4,500,000
= $23,500,000
Hence the firm will realize a total cash of $23,500,000 from the stock sale.
If average daily remittances are $6 million, and "extended disbursement float" adds two days to the disbursement schedule, how much should the firm be willing to pay for a cash management system if the firm earns 7% on excess funds
Answers
Answer:
$840,000
Explanation:
Calculation of how much should the firm be willing to pay for a cash management system
Using this formula
Annual return from cash management system = Average daily remittances × 2 days disbursement schedule× Percentage of excess funds
Let plug in the formula
Annual return from cash management system$6,000,000 × 2 days × 7%
Annual return from cash management system= $840,000
Therefore the firm be willing to pay the amount of $840,000 for thebcash management system if the firm earns 7% on excess funds.
For retirement, identifying which of the following most correlates with generating income for retirement? A. Tangible assets B. Debt C. Insurance D. Cash flow
Answers
Answer:
it should be A
Explanation:
it generating income for retirement
I NEED HELP ASAP!
A new piece of technology is invented that allows for quicker production. What is likely to happen?
a) increase in supply
b) decrease in supply
c) increase in demand
d) decrease in demand
Answers
Answer:
a. increase in supply.
Explanation:
Production, supply, the pattern of consumption, and market price all interrelate with each other. One major challenge associated with forecasting prices using the relationship between demand and pattern of supply is the complexity of quantifying demand. Supply can be accurately calculated to some degree, based on production or stock figure. There may be several exceptional cases, however, in most cases, the supply can be assessed when compared with the quantity demanded.
Suppose Gina and Henry play two rounds of the ultimatum game. In the first round they play for $10; in the second round they play for $1,000. In the first round Gina suggests an 80/20 split ($8 to Gina, $2 to Henry), but Henry quickly rejects the offer as unfair. Assuming Gina is interested in gaining financially from the experience and that she understands behavioral economics, we would expect her to
Answers
Answer:
C. offer a more unequal split ($900/$100) in order to gain more for herself and figuring Henry will accept the split because $100 is better than nothing.
Explanation:
Since in the question it is mentioned that the first round play $10 then for second it would be $1,000. Split ratio is 80 by 20 but the same is rejected by Henry
For understanding the behavioral economics, i.e decision making effects she should offer more unequal split i.e $900 by $100 so that she gain more as compared to Henry and at the same time Henry accept the $100 thinking that it is better than nothing
Hence, the correct option is c.
What occurs over time as a result of inflation? Check all that apply. Interest becomes worth less money. The dollar’s value becomes unstable. Interest rates decrease. Interest rates fluctuate in value. The dollar’s future value changes.
Answers
Answer:
the anser is A and E
Explanation:
What occurs over time as a result of inflation are Interest becomes worth less money and the dollar’s future value changes.
What is inflation?Inflation is the consistent and persistent rise in the prices of goods and services as a result of too much money in circulation.
Causes of inflation are:
Increases in production costs.Increase in prices of goods and services.A surge in demand for products and servicesHence, what occurs over time as a result of inflation are Interest becomes worth less money and the dollar’s future value changes.
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Because of poor management, the stock price of Orange Dolphin Inc. falls and many investors sell their shares. Soon Orange Dolphin becomes the target of a hostile takeover, during which Hans buys enough shares to exert control over the firm. In this scenario, Hans performs the role of a(n)
Answers
Answer: Corporate raider
Explanation:
Corporate raider is a financier who makes a hostile takeover bids for the organizations involved in order to resell back them at a profit or to control their policies.
From the question, we can notice that this is what Hans did, therefore Hans performs the role of a corporate raider.
What’s the difference between an installment and a layaway?
Answers
Answer:
With installments loans the pay back time can be stretched out longer then a layaway
Explanation:
Answer:
The difference between installment and a layaway is with installments loans the pay back time can be stretched out longer then a layaway.
What is done with the costs of complying with consumer-protection
regulations?
A. absorbed by producers who are forced to cut into profits
B. reduced by transfer payments enabled by revenue tariffs
O c. shouldered by workers in the form of decreased wages
O D. eventually passed on to consumers in the form of higher prices
Answers
Answer:
Option(D) is the correct answer to the given question .
Explanation:
The main objective of consumer protection regulation to stops the unjustified, misleading as well as the dishonest business strategies through accumulating and analyzing the rules of the business to running them.It simply means they provide the security to the buyers as well as the people .
Consumer-protection regulations Protect from the fraudulent activity and the recapitalization.All the other option are not correct for the consumer-protection regulations that's why these are incorrect optionThe costs of complying with consumer-protection regulations are basically absorbed by producers who are forced to cut into profits. Therefore, the correct option is A.
The costs of complying with consumer-protection regulations are typically absorbed by producers or businesses. Businesses may need to change their operations, invest in more resources, or alter their products or services to conform to regulatory standards when regulations are imposed to safeguard customers rights and ensure fair practices.
In some circumstances, they might raise prices to cover some of the costs, but they might also make an effort to lessen the impact on customers in order to maintain their competitiveness.
Thus, the ideal selection is option A.
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When labor productivity increases over time, generally A) it is due to increases in the number of workers B) So do average wages C) It results in higher For prices for goods and services .
Answers
Answer:
The answer is B.
Explanation:
Labour productivity is given as output per unit of labour input.
When output increases in an industry, ceteris paribus, the industry may have to lower prices in order to sell that increase. When output increases(labor productivity increases), workers will demand for higher wages. This is so because the efficiency of the workers has improved and there is need for compensation.
What is partnership.
List the advantages and disadvantages of partnership.
Answers
Answer:
Disadvantages of a partnership include that: the liability of the partners for the debts of the business is unlimited. each partner is 'jointly and severally' liable for the partnership's debts; that is, each partner is liable for their share of the partnership debts as well as being liable for all the debts.
Explanation:
Explanation:
PARTNER SHIP:WHEN TWO OR MORE PEOPLE ARE IN BUSINESS TOGETHER IT IS CALLED A PARTNERSHIP. A PARTNER ACTING ALONE IN THE NAME OF THE BUSINESS BINDS THE OTHER PARTNERS.
ADVANTAGES OF PARTNERSHIP:◇ TWO HEADS OR MORE ARE BETTER THAN ONE.
◇ YOUR BUSINESS IS EASY TO ESTABLISH AND START- UP COSTS ARE LOW.
◇ MORE CAPITAL IS AVAILABLE FOR THE BUSINESS.
◇ YOU'LL HAVE GREATER BORROWING CAPACITY.
◇ HIGH- CALIBRE EMPLOYEES CAN BE MADE PARTNERS.
◇ PARTNERS BUSINESS AFFAIRS ARE PRIVATE.
◇ IT'S EASY TO CHANGE YOUR LEGAL STRUCTURE LATER IF CIRCUMSTANCES CHANGE.
DISADVANTAGES OF PARTNERSHIP:◇ THE LIABILITY OF THE PARTNERS FOR THE DEBTS OF THE BUSINESS IS UNLIMITED.
◇ THERE IS A RISK OF DISAGREEMENTS AND FRICTION AMONG PARTNERS AND MANAGEMENT.
◇ EACH PARTNER IS AN AGENT OF THE PARTNERSHIP AND IS LIABLE FOR ACTIONS BY OTHER PARTNERS.
◇ IF PARTNERS JOIN OR LEAVE, YOU WILL PROBABLY HAVE TO VALUE ALL THE PARTNERSHIP ASSETS AND THIS CAN BE COSTLY.
HOPE IT HELP....❣❣❣A sole proprietorship: Multiple Choice involves significant legal costs during the formation process. has its profits taxed as personal income. provides limited financial liability for its owner. can generally raise significant capital from non-owner sources. has an unlimited life.
Answers
Answer:
has its profits taxed as personal income.
Explanation:
Some of the advantages of sole proprietorships are that they do not require expensive legal costs in order to establish them, but their two main disadvantages are that it is more difficult to raise additional funds and the owner (sole proprietor) has unlimited liability against any obligation resulting from the business. They also have a limited life, since they cease to exist if the owner dies.
Which of the following is NOT one of Deming’s 14 principles of transformation for improving the practice of management? A. minimize total cost B. maintain barriers between departments C. eliminate quotas D. improve constantly and forever
Answers
Answer:
Option B. Maintain barriers between departments
Explanation:
The reason is that Deming's 14 principles talk about the transformation and achieving better results by eliminating the barriers involved in transforming. Deming said that all those elements that are barrier to improvement, cost reduction and quality must be eliminated and a system of transformation must be designed that promotes constant improvement, change adoption, elimination of quotas and numerical goals, elimination of barriers between department so that better results like quality improvement and cost reduction can be achieved.
Hence saying Daming said that the barrier between departments must be maintained is wrong as it is barrier to transformation.
A company purchased $10,000 of merchandise on June 15 with terms of 3/10, n/45. On June 20, it returned $800 of that merchandise. On June 24, it paid the balance owed for the merchandise taking any discount it was entitled to. The cash paid on June 24 equals:
Answers
Answer:
$8,924
Explanation:
the journal entries should be:
June 15, merchandise purchased on account, terms 3/10, n/45
Dr Merchandise inventory 10,000
Cr Accounts payable 10,000
June 20, defective merchandise returned
Dr Accounts payable 800
Cr Merchandise inventory 800
June 24, invoice is paid within discount term
Dr Accounts payable 9,200
Cr Cash 8,924
Cr Purchase discount 276
a. The factor distribution of income describes the relationship between
1. factor ownership and total income.
2. technology and total income.
3. capital and total income.
b. The factor market and factor prices play an essential part in the
1. allocation of income.
2. allocation of resources.
3. distribution of goods and services.
4. allocation of finance.
Answers
Answer:
a. The factor distribution of income describes the relationship between
3. capital and total income
b. The factor market and factor prices
1. allocation of income.
Explanation:
In economics, income distribution is defined as how a nation's total GDP is distributed amongst its population. On the other-hand, The factor distribution of income is the division of total income among labor, land, and capital. Factor prices, which are set in factor markets, helps in the determination of the factor distribution of income.
In which situation would saving a Word document as a PDF be most useful?
when checking for accessibility issues
O when allowing users to make changes to a document
when users who want to view a document do not have Word
O when sending a document to a person who has no access to browsers
Answers
Answer:
its "when users who want to view a document do not have word"
Explanation:
c
Answer: C
Explanation:
The original cost of a LIFO inventory item is below both replacement cost and net realizable value. The net realizable value less normal profit margin is below the original cost. Under the lower of cost or market method for LIFO or retail method inventories, the inventory item should be valued at
Answers
Answer:
D. Original cost.
Explanation:
As we know that the inventory should be valued at lower of cost or market value. Also , the market value is the middle amount among the replacement cost, net realizable value, net realizable value - normal profit margin
It can be the replacement cost or net realizable value. We don't have an idea which one is the middle amount
Also, if the original cost is less than the market cost so we assume that the inventory should be valued at original cost
Carly's Classic Limo Service sold one of its automobiles for $19,000. The car was an antique car that Carly used to promote the business. The car had an original cost of $13,000 with $11,000 in accumulated depreciation. The recognized gain on the sale was $
Answers
Answer:
$17,000
Explanation:
The reason is that the recognized gain is the difference between the Carrying Value and the Sale Value of the asset.
Here
Carrying value of asset = $13,000 Cost - $11,000 Accumulated Depreciation
Carrying value of asset = $2,000
Sale Value is $19,000
Recognized Gain = $19,000 Sale Value - Carrying Value $2,000
Recognized Gain = $17,000
When a firm markets new securities, a preliminary registration statement must be filed with Group of answer choices the Securities and Exchange Commission. the Federal Deposit Insurance Corporation. the exchange on which the security will be listed. all other companies in the same line of business. the Federal Reserve.
Answers
Answer: the Securities and Exchange Commission.
Explanation:
When a firm markets new securities, the firm must file a preliminary registration statement with the Securities and Exchange Commission.
The mission of the Securities and Exchange Commission is to help protect the investors, and also maintain
an orderly, fair, and an efficient markets. Also, the Securities and Exchange Commission facilitate capital formation.
Sparky's incorrectly included inventory that was on consignment in its ending inventory count. Consequently, the ending inventory was overstated on the balance sheet. Explain how this error will affect this year's income statement. (Check all that apply.)
Answers
Answer:
Net Income will be Overvalued.
Explanation:
If closing inventory is overvalued, the cost of sales figure will be undervalued, consequently the gross profit and the net income for the year will be overvalued.
The purchasing power of money and the price level vary: Group of answer choices inversely. directly during recessions, but inversely during inflations. directly, but not proportionately. directly and proportionately.
Answers
Answer:
Option "Inversely" is correct.
Explanation:
Option “Inversely” is correct because the increase in price level exhibits inflation and a rise in inflation decreases the purchasing power of money. However, if the price level decreases or inflation decreases, then the purchasing power of money increases. Therefore we can see that increase in price level decreases the purchasing power and a decrease in price level increases the purchasing power. Therefore, there is an inverse relationship.
The owner of an interior lot has received notice that the city intends to place a sidewalk across his property. The lot measures 100' x 500'. The cost of the sidewalk is $40 per linear foot and the city will pick up 50% of the cost, with each homeowner picking up the difference. How much will this homeowner be charged in a special assessment tax to cover his cost of the sidewalk?
Answers
Answer:
The amount that he will be charged in a special assessment tax to cover his cost of the sidewalk Is $2000
Explanation:
We are told that the property is an interior lot, so we'll only consider one of the width of his plot, since the sidewalk can only pass through the front or the back of his property.
The property measures 100' x 500' , that is 100 ft width by 500 ft length
The cost of the sidewalk is $40 per linear ft
The city will pick up 50% of the cost.
For a width of the lot, the cost per linear length will be
100 x $40 = $4000
The city covers 50% of this cost, leaving 50% of the cost to the homeowner.
The homeowner's cost will be 50% of $4000
= 0.5 x $4000 = $2000
The amount that he will be charged in a special assessment tax to cover his cost of the sidewalk Is $2000
Forrester Company is considering buying new equipment that would increase monthly fixed costs from $120,000 to $150,000 and would decrease the current variable costs of $70 by $10 per unit. The selling price of $100 is not expected to change. Forrester's current break-even sales are $400,000 and current break-even units are 4,000. If Forrester purchases this new equipment, the revised break-even point in dollars would be:Multiple Choice$375,000.$325,000.$500,000.$400,000.$300,000.
Answers
Answer:
$375,000
Explanation:
Selling price = $100
New variable cost per unit = ($70 - $10)
= $60
New fixed cost = $150,000
Therefore, Break even point in dollars
= Fixed costs / Contribution margin ratio,
Where Contribution margin ratio=
{(Selling price per unit - Total variable cost per unit / Selling price per unit)}
= {($100 - $60 / $100)}
= 0.4
= 40%
Break even point in dollars would be;
$150,000 / 0.4
= $375,000
Lars wants to purchase a gift for a colleague whose home he will be visiting. He decides to bring luxury chocolates, as he knows most people enjoy them. Although he is not sure about specific products, Lars heads directly for a store selling Godiva Chocolates, because he knows this is a high-end brand. Lars can be said to have
Answers
Answer:
Brand Awareness.
Explanation:
Brand Awareness can be defined as the awareness or familiarity that a customer have of a company or a brand. When a customer is able to recognise a brand while making a decision to buy something, this phenomenon is said to be brand awareness.
Being aware of a brand consists of recalling and recognizing of brand.
In the given scenario, Lars can be said to have a brand awareness. Since he wants to buy luxury chocolates for his colleague as a gift, he was aware of a brand named 'Godiva Chocolates' as it is the high-end brand. So, Lars is exemplifying that he is aware of brand or acompany.
Thus the correct answer is brand awareness.
Brand awareness can be defined as having knowledge and familiarity with various companies and their brands. It is the marketing term that shows the power of a person or a consumer to recall and recognize a brand by its name, logo, or symbol.
Lars can be said to have Brand awareness.
In the given case, Lars wants to buy luxurious chocolates for his colleague as a gift. When Lars thinks about luxury chocolates he immediately recalled the brand name "Godiva Chocolates". This is because he knew that it is a high-end brand.
This shows that Godiva Chocolates have good brand awareness amongst the customers that made Lars recall its name immediately when he thought of luxury chocolates.
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If a small business fails to repay a bank loan, what will the lending institution do to recover its loss?
Answers
Answer:
The bank sues the company for not paying the loan
Explanation:
When the small business fails to repay the loan to the bank, the bank sues the company in the credit bureau. The court then may declare the company bankrupt or the assets of the business can be liquidated to repay the creditor's loan. The defaults and unable to repay the loan affects the person's credit score severely, if the business is sole proprietorship. If the business is declared bankrupt then all of the business assets are liquidated and the money is paid to the lenders.
The selling of Busch Entertainment, a theme park unit that owns SeaWorld, by Belgium-based AB InBev after the acquisition of Anheuser-Busch by InBev to ensure a focus on AB InBev’s core business, is an example of Multiple Choice a principal–agent problem. taper integration. restructuring. a diversification premium. franchising.
Answers
Answer:
The right answer is "Restructuring ".
Explanation:
Restructuring seems to be a process during which a firm keeps changing its organization's strategy as well as its path. Most restructuring procedures demonstrate laying off workers. The enterprise can fire workers, remove divisions, or shutter almost all of its stores nationwide.So that the given instance would be an example of "Restructuring".