Singer and McMann are partners in a business. Singer's original capital was $35,200 and McMann's was $54,400. They agree to salaries of $11,900 and $17,600 for Singer and McMann, respectively, and 10% interest on original capital. If they agree to share the remaining profits and losses on a 3:2 ratio, what will McMann's share of the income be if the income for the year is $69,200
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Business, 22.06.2019 10:30
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Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?
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Singer and McMann are partners in a business. Singer's original capital was $35,200 and McMann's was...
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