Answer:
d. purchase the machine because each partner has one vote in management matters
Explanation:
Since in the question it is mentioned that the partners vote whether or not to buy a new machine for $100 so the violet and William would agree on this but Xavier does not agree
Now according to this situation the machine should be purchased as each partner vote is necessary also there is a majority of 2 person to buy the machine
hence, the option d is correct
It was a worker strike. Which lead to many strikes of the labor union. Because of this the Heath Act was formed. It went into effect April 28th, 1971.
Answer: Equity financing
Explanation:
When using Equity financing, the owners of the business are investing either their personal assets into the company or selling shares in the company and raising money from that.
Equity financing gives the person who invested an ownership portion in the company. The main difference between equity financing and leveraged financing is that with equity financing, you are not forced to make payments to the investors every period.
Answer:
50%
Explanation:
Given: Selling price= $120 per unit.
Variable cost= $60 per unit.
First computing contribution margin.
Contribution margin=
⇒ Contribution margin=
∴ Contribution margin=
Now, calculating the contribution margin ratio.
Contribution margin ratio=
⇒ Contribution margin ratio=
∴ Contribution margin ratio=
Hence, the product´s contribution ratio is 50%.
Answer:
the depreciation expense on the equipment will be 1,785 for tax purpose.
Explanation:
We will look into the MACRS (Modified Accelerated Cost Recovery System)
table for a property of seven years placen into service in the 4th quarter:
Which give us 3.57%
now we multiply the basis by the coefficient and get the value for depreciation
50,000 x 3.57% = 1,785 depreciation expense under MACRS