Jim, Sue, and Marion have set up a partnership. The total amount contributed to the partnership is $315,000. Sue’s contribution is one-half of Jim’s contribution, and Marion’s contribution is two times Jim’s contribution.
Answers
Answer:
- Jim's contribution: $90,000
- Sue’s contribution: $45,000
- Marion’s contribution: $180,000
Explanation:
The question is:
- Find the amount of the three person's contribution to the partnership.
Solution
You can set one equation by stating the three contributions in terms of a common variable:
- Jim's contribution: x
- Sue’s contribution is one-half of Jim’s contribution: x/2
- Marion’s contribution is two times Jim’s contribution: 2x
- Total amount contributed: $315,000
Equation:
- x + x/2 + 2x = 315,000
Solve:
1. Multiply the whole equation by the least common denominator: 2
- 2x + x + 4x = 630,000
2. Add like terms
- 7x = 630,000
3. Division property of equalities: divide both sides by 7
- x = 630,00 / 7 = 90,000
4. Determine each contribution:
- Jim's contribution: x = $90,000
- Sue’s contribution: x/2 = $90,000/s2 = $45,000
- Marion’s contribution: 2x = 2 ($90,000) = $180,000
You can verify the result:
- $90,000 + $45,000 + $180,000 = $315,000
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C) Accurately predicting the effects of every decision.
D) Maximizing benefits and minimizing costs.
Answers
Answer:Maximizing benefits and minimizing costs
Explanation:
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fashion students. or
marketing students.
Answers
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Thus, the answer to the question is marketing students.
Answer:
D, marketing students
Explanation:
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Answers
Answer:
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Explanation:
An Information System consists of people, systems(or infrastructure), and storage devices for processing and storing data. It helps gather, organize, and analyze data to generate information which helps in decision making.
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Answer:
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Explanation:
The 1st answer however has given me a huge problem. I tried: systems, software and hardware and none of them are correct on Edmentum
B. inflation and interest rates
C. the day-to-day changes in one currency
D. supply and demand
Answers
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The interaction between buyers and sellers of currencies establishes the equilibrium exchange rate. Factors such as inflation and interest rates can influence supply and demand by affecting the attractiveness of one currency relative to another.
For example, higher inflation rates may reduce the value of a currency, making it less desirable. Similarly, higher interest rates can attract foreign investors, increasing demand for a currency. Day-to-day changes in one currency can also impact the exchange rate, as market participants react to economic news, political events, or shifts in investor sentiment.
However, these short-term fluctuations ultimately reflect the underlying supply and demand dynamics in the market. The volume of gold does not directly determine exchange rates in a flexible exchange rate system.
Learn more about supply and demand here
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I believe you mean a floating exchange rate, and if so, then it would be demand and supply which determines the rate of exchange.
B. Shareholders hold more liability for things that happen with the business.
C. Planning for the company's future is more difficult when it becomes a corporation.
D.A corporation is more complex and expensive to run.
Answers
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Answer:
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Explanation:
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