stupidsmoke4272
08.07.2019 •
Business
Sally and andy are partners in just hats, llc. andy works in the business for an agreed salary draw of $4,000 per month. sally has invested $200,000 in the business and andy invested $100,000. the net income of the business is $168,000 for the year. income is distributed based on the investment of each partner after allocation for salary. how much net income is allocated to sally?
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Ответ:
The Net income allocated to sally is $112000
Calculation of the allocation of the net income:Since Sally invested $200000 and Andy invested $100000, which means Andy's investment is half of Sally's investment.
Let us assume Sally's pay be x
So, Andy's pay be x/2
And,
Total Net income is 168000 dollars.
Now the equation is
(x+x/2)=$168000
x(1+0.5)=$168000
x(1.5)=$168000
x= $168000/1.5
x=$112000
So Sally's share will be $112000
Now
Andy's share will be x/2
=$112000/2
=$56000
Hence, the Net income allocated to sally is $112000".
Learn more about net income here; link
Ответ:
Net income allocated to sally is $112000
Explanation:
Sally invested $200000 and Andy invested $100000, which means Andy's investment is half of Sally's investment. So he will receive the half of what Sally will get.
Let
Sally's pay be x
Andy's pay be x/2
Total Net income is 168000 dollars.
So, putting it in an equation, we get
(x+x/2)=168000
x(1+0.5)=168000
x(1.5)=168000
x= 168000/1.5
x=112000
So Sally's share will be $112000
Andy's share will be x/2
=112000/2
=56000
So Andy share will be $56000
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