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belka [17]
1 year ago
5

Rex and Sandy are partners. Rex has a capital balance of and Sandy has a capital balance of . Marcus contributes a building with

a fair market value of in order to acquire an interest in the partnership. What is​ Marcus's partnership share after he makes the​ investment? (Assume no bonus to any partner. Round the percentage to one decimal​ place.)
Business
1 answer:
Furkat [3]1 year ago
4 0

Answer:

25.29%

Explanation:

the numbers are missing, so I looked for a similar question:

  • Rex's capital balance = $370,000
  • Sandy's capital balance =  $280,000
  • Marcus contributed a building worth = $220,000

the partnership's total capital = $370,000 + $280,000 + $220,000 = $870,000

Marcus's share in the partnership = value of building / partnership's total capital = $220,000 / $870,000 = 25.29%

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Wessner Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.20 Direct labor $
monitta

Answer:

d. $13.00

Explanation:

contributon margin = selling price - variable cost

sales price: $25 per unit

<u>list of variable cost:</u>

Direct mateirals              6.20

Direct labor                     2.80

variable overhead           1.45

sales commisions            1.00

adminsitrative variable<u>   0.55  </u>

total variable cost         12.00

$25 selling price per unit - $12 variable cost per unit =

$13 contribution margin per unit

This is the amount each units "contributes" to ay the fixed cost and make a gain during the period.

6 0
1 year ago
6) Discuss the following statement: "Good research is deductive in nature."
GrogVix [38]
No it is not good in nature!!!!!
5 0
1 year ago
Space travel is expensive! For their trip to the Moon, the Apollo astronauts' living quarters were only 213 cubic feet (that's s
RSB [31]

Answer:

5341288

Explanation:

Data provided in the question:

Volume of the living quarters = 213 cubic feet

Now,

The dimensions of the US dollar bills are

width = 2.61 inches

Length = 6.14 inches

Thickness = 0.0043 inches

Thus,

Volume of a single dollar bill = 2.61 × 6.14 × 0.0043

= 0.06890922 cubic inches

Also,

Volume of quarter in cubic inches = 213 × 12³  

[ ∵ 1 ft = 12 inches  ; 1 ft³ = 12³ cubic inches]

Thus,

Volume of quarter in cubic inches = 368064 cubic inches.

Thus,

Number of dollar bills that can fit in there

= [ Volume of quarter in cubic inches ] ÷ Volume of a single dollar bill

= 368064 ÷ 0.06890922

= 5341288.15 ≈ 5341288

8 0
2 years ago
You work in the marketing research department of Burger King. Burger King has developed a new cooking process that makes the ham
Bogdan [553]

Answer with its Explanation:

The first step is to diversify the sample size so that our sample includes every person from different cultures, geographic, religions, genders, etc., which would help in better assessment of the product's future in the market.

Second step is to set a sample size for receiving the feedback of the customers at required confidence interval that is Burger King's goal to achieve. For example, Burger King desires to achieve 93% customer satisfaction and the error rate would determined by using the confidence interval. This sample size would be calculated using the practical approach.

Third step is to ensuring that the errors in prediction are reasonably low by practical approach, confidence interval approach and diversified test samples. All this will help the company to ensure that they have accurate results in hand for decision making.

8 0
2 years ago
Ray, a manager at Senzel Inc., wants to implement a new software in the company's processes. This software will help him monitor
Airida [17]

Answer:

C . Consulting

Explanation:

Ray, a manager at Senzel Inc. is utilizing consulting skills.

The lower-level managers he discusses with in order to understand the effect the software will have on the internal environment of the company refers to the CONSULTANT in this scenario.

Consulting can be defined as the process of giving advice or seeking the help of professionals regarding a particular subject in a specific field.

Consulting means to engage in the business of giving advice to professionals in a particular field.

Consulting is the act of helping people to solve problems of moving from their current level to their desired level.

A consultant refers to a professional who renders the service of giving advice to people in a particular field mostly in exchange for a fee.

4 0
1 year ago
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