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Verizon [17]
2 years ago
8

David and Bella started a new company and decided that the net profit will be divided in a 6:7 ratio respectively. At the end of

first month, they got a profit of $390. What is the amount that David got after the first month?
Business
1 answer:
Musya8 [376]2 years ago
8 0

Answer:

$180      

Explanation:

Data provided in the question

Net profit earned = $390

And the given ratio is 6:7

So, the amount that David got would be

= Net profit earned × David ratio ÷ total company ratio

where,

Net profit earned = $390

David ratio = 6

Total company ratio is = 6 + 7 = 13

So, the David share is

= $390 × 6 ÷ 13

= $180            

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scZoUnD [109]

Answer:

Total dividend = 30,000

Explanation:

Given:

Total number of stock = 5,000

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Dividend per year = Total number of stock × Per value × Dividend rate

Dividend per year = 5,000 × $50 × 0.06

Dividend per year = 15,000

For cumulative preferred stock:

Total dividend = 2016 Dividend + 2017 Dividend

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Total dividend = 30,000

6 0
1 year ago
YASHARI earns $27,000 per year, is single, and lives in Wyoming. She has $7000 in subsidized loans and another $19,000 in unsubs
Delvig [45]

Answer:

a) 14.43% ,  The amount is reasonable

b) Pay as you go

c) Yashari should should prioritize paying the Loan instalment before saving for the emergency fund

d) Standard repayment plan

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Rate of interest = 4.30%

hence % of her paycheck that goes toward student loan = 14.43%

The repayment amount = $32035. which is very reasonable as well

b) what plan that has the longest repayment period  

PAYE ( pay as you earn ) has the longest repayment period

<u>c)  prioritizing between her emergency fund goal and student loan </u>

Yashari should should prioritize paying the Loan instalment before saving for the emergency fund because of the penalties that comes with loan defaulting

d) Yashari should select the Standard repayment plan because the final amount paid using this plan is lower

4 0
1 year ago
Suppose there is one ticket left for tonight’s performance of Hamilton on Broadway. The ticket costs $700. Sean is a community c
castortr0y [4]

Answer: B. Anca

Explanation:

From the information provided in the question, we should note that Anca purchasing the tickets will lead to a more economically efficient outcome.

From the information given, we can see that Anca is willing to pay $1250 while Sean wants to pay $705. Therefrom Anca purchasing the tickets leads to a better efficiency.

We can also infer that if Anca pays $1,250, a consumer surplus of $550 is gotten while Sean would get a consumer surplus of only $5.

Therefore, the correct option is B.

3 0
1 year ago
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andriy [413]

Answer:

overhead cost = $600

Explanation:

given data

overhead rate = $120 per labor hour

time required = 5 hours

to find out

overhead cost

solution

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put here value and we get

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6 0
2 years ago
Katherine is selecting colors for the background and the text on her web page. What aspect of color theory should she pay attent
Elena-2011 [213]
The answer is contrast. Hope it helps! :)
5 0
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