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Question - Partners Cantor and Dickens have capital balances in a partnership of $161000 and $234000, respectively. They agree to share profits and losses as follows:
Cantor
Dickens
As salaries
$41000
$49000
As interest on capital at the beginning of the year
10%
Remaining profits or losses
50%
If income for the year was $192000, what will be the allocation of income to Dickens?
Evaluate each of the alternatives (1 -4) for info below: Sales revenue Variable cost Contribution margin Fixed cost Operating income (loss)
Explain to the General Manager what the learning curve is? In your explanation make reference to the two variant methods. Include in your response the conditions under which a learning curve could be used to assist in forecasting for future operat..
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The present value of a future amount was calculated to be R207,54 at a discount rate of 5%, calculate the discount rate that will achieve a present value
The company collects 70% of credit sales in the same month and the next month. Calculate the collections from the customers for the month of Feb.
Assuming the existing sales mix, calculate the sales revenue required to earn net income of $1,125,000 assuming a 25% income tax rate.
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