subject
Business, 06.04.2021 01:10 damilysgonzalez2

Jerry and Joyce are partners in a new restaurant. Jerry contributed $280,000 in capital and is planning to work 60 hours per week with management responsibilities. Joyce contributed $140,000 in capital and is planning to work 40 hours per week with no management responsibilities. Which of the following fixed ratios are they likely to select for distributing net income or net loss? A. 30% Jerry) and 70% (joyce)
B. 2/5 Clerry) and 3/5 (Joyce)
C. 2/3 Gerry) and 1/3 (Joyce)
D. 50% (erry and 50% (Joyce)

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 10:50
Jen left a job paying $75,000 per year to start her own florist shop in a building she owns. the market value of the building is $120,000. she pays $35,000 per year for flowers and other supplies, and has a bank account that pays 5 percent interest. what is the economic cost of jen's business?
Answers: 3
question
Business, 22.06.2019 23:50
Harris fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. at the beginning of the year, it estimated that 34,000 direct labor-hours would be required for the periodโ€™s estimated level of production. the company also estimated $599,000 of fixed manufacturing overhead expenses for the coming period and variable manufacturing overhead of $3.00 per direct labor-hour. harris's actual manufacturing overhead for the year was $768,234 and its actual total direct labor was 34,500 hours.required: compute the company's predetermined overhead rate for the year. (round your answer to 2 decimal places.)
Answers: 2
question
Business, 23.06.2019 00:50
Janis owns and operates a store in a country experiencing a high rate of inflation. in order to prevent the value of money in her cash register from falling too quickly, janis sends an employee to the bank four times per day to make deposits in a interest-bearing account that protects the store's revenues from the effects of inflation. this is an example of the (menu costs/ unit of account costs/ shoesleather costs) of inflation. pick one
Answers: 3
question
Business, 23.06.2019 11:20
In a hypothetical economy, a market basket consists of one laptop and two dvd players. in the base year, 2010, the price of a dvd player was $200, and the price of a laptop was $500. in 2015, the price of a dvd player was $380, and the price of a laptop was $750. the cpi for 2010 was
Answers: 3
You know the right answer?
Jerry and Joyce are partners in a new restaurant. Jerry contributed $280,000 in capital and is plann...
Questions
question
Mathematics, 02.10.2019 20:00
question
English, 02.10.2019 20:00
question
Advanced Placement (AP), 02.10.2019 20:00
question
Mathematics, 02.10.2019 20:00
Questions on the website: 13722363