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sweet-ann [11.9K]
1 year ago
5

The LMC Partnership has 3 partners and is concerned about what would happen to their $300,000 business if one of the partners sh

ould die. If they consider a buy-sell agreement, then each partner would have to buy a policy in the amount of $__________ on the other partners.
Business
1 answer:
zhuklara [117]1 year ago
4 0

Answer:

$50,000

Explanation:

Since the partnership is valued at $300,000, then each partner's stake = $300,000 / 3 = $100,000

that means that each partner must purchase 2 policies (one for each of the other partners) that covers his/her stake = $100,000 / 2 policies = $50,000 per policy

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Green Company is planning to introduce a new product with a 75 percent incremental unit-time learning curve for production in ba
sweet-ann [11.9K]

Answer:

210 hours

Explanation:

The learning curve rate can be found by log75%

Ln0.75 = 0.12249

1 batch requires 200 hours

The 1500 units batch will require 200 hours

For 3000 units there will be two batches of 1500 units each

200 hours * 2 batches * 0.12249 * 4.5 = 210 hours

6 0
1 year ago
The following transactions were completed by the company. The company completed consulting work for a client and immediately col
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Answer:

See explanation Section

Explanation:

See the image to get the appropriate answer.

7 0
2 years ago
11. Bob Johnson established a Section 529 Savings Plan for his son Robert several years ago. It is now time to pay Robert's firs
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8 0
2 years ago
Curtis purchased inventory on December 1, 2020. Payment of 250,000 stickles was to be made in sixty days. Also on December 1, Cu
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Forward contracts get their value from the cost and on December 1, there was no cost to Curtis as he Curtis had just signed the contract.

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3 0
1 year ago
An analyst following Barlow Energy has compiled the following information in preparation for additional analysis she has to incl
Vadim26 [7]

Answer:

FCFE: 99

Explanation:

FCFE: cash flow from operation - CAPEX + borrowing

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net income - preferred dividends = available for common stock

income = 125  + 14 = 139

net income                                       139

depreciation expense                      50

change in working capital               (30)

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investment on fixed capital<u> 100 </u>

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net borrowing                        40

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3 0
1 year ago
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