autumnprotogen autumnprotogen

09-12-2022
Mathematics

Answered

Stock Market Worksheet 1
You need to show your work in order to receive full credit.

Business Organization
1. James invests $10,000 in a partnership with 3 other people. One of those people also invested
$10,000 and the other two invested $90,000 each. What percent of the business does James
own?

Answer :

rowu003 rowu003

13-12-2022

James owns on owns only 5 percent of the business capital.

How to calculate percentage?

We should know that percentage deals with number of ratios as a fraction of 100

James = $10,000

One partner = $10,000

Other two partners = ($90,000+90,000)=$180,000

Total capital invested = $)10000+10000+90000+90000)

Total investment = $200,000

James proportion= [tex]\frac{10,000}{200,000} *\frac{100}{1}[/tex]

Simplifying this to have James percentage of investment as 5 percent

James =5%

In conclusion James has only 5% of the business investment

Learn more about percentages on https://brainly.com/question/29306119

#SPJ1

Answer Link

Other Questions

1. A pharmacy has determined that a healthy person should receive 70 units of proteins, 100 units of carbohydrates and 20 units of fat daily. If the store carri

1. A pharmacy has determined that a healthy person should receive 70 units of proteins, 100 units of carbohydrates and 20 units of fat daily. If the store carri

John Carlo takes a car to a little business to borrow some money, John Carlo is given 3,400.00.00. He must pay back the $3,400.00 in addition to a $1,000.00 fee

How much would you need to deposit in an account now in order to have $5,000.00 in the account in 1633 days? Assume the account earns 42% simple interest. You

Megan purchased a credit report to determine the quality of her credit. The credit report costs $15, and there is a $3 fixed credit reporting fee. What type of

Suppose the amount of medication, A, that remains in your bloodstream is inversely proportional to the number of minutes, t, since the medication was taken. Whi

Which answer choice best represents 3/15? Select the Hint button to view a hint. You will get 14 points. A: 5/6 5 B: 5/1 5 C: 6/1 5 D: 6/6 5

Camilla wants to attach a string of lights to the edges of her patio for a party She does not want the string to go across the edge with the steps. White a lin

Jeremiah makes \dfrac{4}{5} 5 4 start fraction, 4, divided by, 5, end fraction of the free throw shots he attempts in basketball. Jeremiah likes to shoot fr

In Exercises 1 - 12, a matrix and a vector are given. Show that the vector is an eigenvector of the matrix and determine the corresponding eigenvalue. 1. [ - 10