Nnual salary allowance to jack of $169,680. interest of 7% on each partner's capital balance on january 1. any remaining net income divided to jack and bernard, 1: 2. jack and bernard had $96,000 and $87,000, respectively, in their january 1 capital balances. net income for the year was $303,000. how much is distributed to jack and bernard?

3. saving two consumers, larry and jeff, have utility functions defined over the two periods of their lives: middle age (period zero) and retirement (period 1). they have the same income in period 0 of m dollars and they will not earn income in period 1. the interest rate they face is r. larry’s and jeff’s utility functions are as follow. = 0.5 + 0.5 and = 0.5 + 0.5 for each person is between zero and one and represents each consumer’s temporal discount econ 340: intermediate microeconomics. ben van kammen: purdue university. rate. a. write the budget constraint that applies to both jeff and larry in terms of consumption in each period and ), interest rate, and m. b. what is larry’s and what is jeff’s marginal rate of intertemporal substitution? c. what is the slope of the budget constraint? d. write each consumer’s condition for lifetime utility maximization. e. re-arrange the conditions from part (d) to solve for the ratio, . f. if > which consumer will save more of his middle age income? g. if > 1 1+ , in which period will larry consume more: = 0 or = 1?

How should the financial interests of stockholders be balanced with varied interests of stakeholders? if you were writing a code of conduct for your company, how would you address this issue?

Justin signed a rental agreement for his condo. after he moved out, the owner determined that the condo needed to be cleaned, the cost of which totaled $150. how much of a deposit can justin expect back? (to view the contract click here.)