Business, 08.07.2019 20:20 182075

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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Answer from: jobana

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

Answer from: lberries08

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

Answer from: Quest

$527.7.if the following was the question $527.7 is the answer.students who are trying to raise funds have an agreement with a local pizza chain. the chain has agreed to sell them pizzas at a discount, which the students can then resell to families in the local community for a profit. it is expected that of the 500 families in the community, at most 70% will buy pizza. based on a survey of their personal preferences, the students believe that they should order no more than 120 cheese pizzas, no more than 150 pepperoni pizzas, and no more than 100 vegetarian pizzas. they also want to make sure that at least 20% of the total pizzas are cheese and at least 50% of the pizzas are pepperoni. they make a profit of $1.45, $1.75, and $1.98, respectively, for each cheese, pepperoni, and vegetarian pizza they resell. how many pizzas of each type should they buy?

Answer from: Quest

Any

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Sally and andy are partners in just hats, llc. andy works in the business for an agreed salary draw...

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