Xavier and Yolanda have original investments of $50,000 and $100,000 respectively in a partnership. The articles of partnership include the following provisions regarding the division of net income: interest on original investment at 20%, salary allowances of $34,000 and $26,000 respectively, and the remainder equally. How much of the net income of $100,000 is allocated to Xavier?
A) $49,000
B) $51,000
C) $50,000
D) $56,000
A
You might also like to view...
Variation in type size and skillful use of white space can take away from the appearance and readability of the marketing research report
Indicate whether the statement is true or false
The IRR of a project whose cash flows accrue relatively rapidly is more sensitive to changes in the discount rate than is the IRR of a project whose cash flows come in more slowly.?
Answer the following statement true (T) or false (F)
The level of significance is the _____
a. maximum allowable probability of a Type II error b. maximum allowable probability of a Type I error c. same as the confidence coefficient d. same as the p-value
________ monetizes the value of the data stored by search engines
A) TCP/IP B) RSS C) WiMax D) Wireless sensor networks E) Search engine marketing