Find each amount to the nearest cent 1. 4% of $60,000 _______ 2. 9% of $5,823 _______
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1. 4% of $60,000 _______ 2. 9% of $5,823 _______ 3. 6% of $81,295 _______
4. 7.1% of $25,078 _______ 5. 3% of $7,247 _______ 4. 11% of $65,820 ______
5. The five owners of Five-Men Clothing Store own the business as a partnership. The total value of the investment is $170,000. What is the value of each owner's investment?
6. A sports franchise is valued at $97,000,000. Three individuals own all the stock. Bronson owns 95%, Remi owns 4%, and Aussie owns 1%.
a. What is the value of Bronson's stock?
b. What is the value of Remi's stock?
c. What is the value of Aussie's stock?
7. A corporation is selling 60,000 share of stock. The corporation's value is $4,000,000. What is the value of each share of stock?
8. Bronson and Remi formed partnership six-years ago. Remi owns ¼ of the partnership. The partnership is worth $190,000.
a. What fraction of the partnership does Bronson own?
b. How much is Bronson's share worth?
c. How much is Remi's share worth?
Related Book For
Cornerstones of Cost Management
ISBN: 978-1285751788
3rd edition
Authors: Don R. Hansen, Maryanne M. Mowen
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