How much of the net income is allocated to yolanda

Assignment Help Financial Accounting

Reference no: EM131148596

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 10%; salary allowances of $38,000 and $28,000, respectively; and the remainder to be divided equally. How much of the net income of $77,000 is allocated to Yolanda?

Reference no: EM131148596

Questions Cloud

Finding ways to motivate employees : Develop a scenario illustrating how you, in your role as a manager, might use motivational concepts to create an environment where your employees are motivated and satisfied with their jobs. Be sure to include potential challenges you may face and..

Provide one example of the effect that supports your claim : From the e-Activity, determine whether stock prices are affected more by long-term or short-term performance. Provide one example of the effect that supports your claim.

When acting on applications for medical staff privileges : When acting on applications for medical staff privileges, both government-owned and private hospitals must provide procedural due process. Under common-law principles, for many years private hospitals were essentially free of court intervention in de..

How much will you have in your account on october : Suppose that on January 1 you deposit $100 in an account that pays a nominal (or quoted) interest rate of 11.33463%, with interest added (compounded) daily. How much will you have in your account on October 1, or 9 months later?

How much of the net income is allocated to yolanda : avier and Yolanda have original investments of $50,000 and $100,000, respectively, in a partnership.- How much of the net income of $77,000 is allocated to Yolanda?

Limit medical mistakes and reduce their potential liability : You are the risk manager of a hospital and have been asked to make a speech to doctors and nurses about how to prevent malpractice claims. Draft a speech outlining the guidelines and best practices for healthcare providers to limit medical mistakes a..

Planning at higher levels in healthcare organizations : How does planning at higher levels in healthcare organizations (HCOs) differ from and planning at lower levels in HCOs. Similarly, which aspects of planning at higher levels in HCOs are similar to planning at lower levels in HCOs. Provide at least on..

Similarities between manufacturing and service environments : A foundation of operations in both manufacturing and service environments is vital in order to drive inefficiencies and examine ways to achieve greater supply chain integration with suppliers and customers. If not, how would you implement flexibilit..

Graph the supply and demand for the foreign exchange market : Graph the supply and demand for the foreign exchange market, expressed in terms of pesos per dollar. Show the equilibrium price at 5 pesos per dollar. Suppose the demand for dollars increases so that the new exchange rate is 7 pesos per dollar. Has t..

User Account

All Pages