10 percent partner in a partnership that incurred a $4 million business loss this year. Jahlil has no other business activities.
1 answer:
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Answer:
$12106
Explanation:
Below are the possible return options, and investment options given the schedule and period of investment.
REFER TO ATTACHED FILE FOR THE CHAT
According to this chart, Uncle can get maximum return only from option C. So he should invest everything there, however he needs to pay off 24,000 loan at the end of Year 3. Therefore, he needs to invest an amount that will yield him 24000 at then end of year 3, in Plan B.
That can be calculated by 24000/1.36 = 17647
The balance amount can wait till the beginning of year 2, and then all the amount can be invested in Plan C.
The maximum return at the end of 5 years available will be:
Amount invested in Plan C = 90000 - 17647 (amount saved for the loan payment) = 72353
Return from Plan C at the end of 5yrs = 72353 x 1.66 = $ 12106
Answer:
The answers are $20,000 and $17,500.
Explanation:
Straight Line Depreciation is a calculation made to find the amount that an asset's value has reduced over a certain period of time.
The formula for it is .
The cost of the asset is $200,000 but for the first year there are also the freight, wiring and installation costs which apply just once and they come up to $25,000 in total.
So the depreciation for year one is going to be which is $20000.
The depreciation for year two is going to be which is $17,500.
I hope this answer helps.