Xavier and yolanda have original investments of $51,600 and $99,100, respectively, in a partnership. the articles of partnership include the following provisions regarding the division of net income: interest on original investment at 20%; salary allowances of $28,500 and $29,500, respectively; and the remainder to be divided equally.
how much of the net income of $117,500 is allocated to yolanda?

$29,360

Explanation:

Xavier's investment = $51,600

Yolanda's investment = $99,100

Net income of $117,500 is allocated to Yolanda:

= Income - Salaries allowances - Interest on original investment

= $117,500 - ($28,500 + $29,500) - [($51,600 + $99,100) × 20%]

= $117,500 - $58,000 - $30,140

= $29,360

Therefore, the net income of $117,500 is allocated to Yolanda is $29,360.

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1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know