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This depends on the amount of effort the partner brings in and the real expertise on the table. Usually in larger industries with higher turnover the percentages would be much smaller. In this situation we would probably be looking at a 5 % of the total profits. For smaller industries we would look at slightly larger percentages for the industrial partner. Usually 20 percent of the annual net profits (after costs) is the maximum an industrial partner would receive. However a percentage this large would usually mean that the industrial partner would have to buy shares in the company amounting to his profit sharing percentage after a few years. This i believe is the norm.
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Advantages and disadvantages of fair trade?
There are a number of advantages and disadvantages to the fair trade system. Advantages include fair wages, a higher profit, and safer working conditions. Disadvantages of fair trade include the cost of certification and the favoring of co-ops over individuals.
Fair value through profit and loss?
Establishing the value of liabilities and assets on a balance sheet is known as fair value. It is a valuation method that is commonly used to find value of financial instruments.
What Is the general Journal Entry to Record investment car in the business?
In accordance with International Financial Reporting Standards (IFRS) investement property is, in short, property held for capital appreciation or rental income. In accordance with this standard the property is initially measured at cost and subsequently at fair value, remeasured through profit and loss (I have assumed that you have not taken the election to measure the vehicle under the cost model). The journal entry would therfore be Dr Inverstement Car Cr Bank/Accounts payable Subsequent changes to the fair value are measured through Profit and Loss being: Dr Fair Value Loss (P/L) Cr Investement Car Loss on Fair Value adjustment for a decrease Or: Dr Investement Car Cr Fair Value Income Gain on fair value adjustment increase in value This is in contrast to any other asset held as Property, Plant and Equipment as, most noticably, the asset is not depreciated (assumed elected fair value model elected) and any increases in value are not recognised in Other Comprihensive Income but in Profit and Loss.
What percentage of tax do banks pay on their profits?
not sure... but they pay their fair share of it. There known as Public Liability Companies.. which means they affect the public on a whole
What is the Charitable contributions deductions for capital gain property?
If you donate a capital property to a registered non-profit organization that is approved by the IRS, you can deduct the lesser of the fair market value or your basis in the property.
What is a fair profit percentage for landowners with newly discovered oil minerals or natural gas?
5 percent
If two people own a property and one wants out and one wants to keep it do they get there initial deposit back if house is in the negative?
The equitable and fair decision would seem to be this: Calculate the percentage of loss in the home's value since it was purchased - then take this percentage and apply it to the amount of the down payment fronted by each partner - then reduce that partner's down payment amount by that same percentage and THAT would seem to be the fair and equitable amount.
What is fair profit?
i have never hered of anything like that !
Why is profit is not Evil?
Money is not evil. LOVE of money is the root of evil. You are entitled to a fair profit for goods or services.
What is the fair profit percentage of a silent partner in a new three person business?
It depends on a bunch of other things. Did the silent partner contribute anything to the partnership? Does he do anything that would affect the profitability of the company? Usually this is determined up front by the 3 partners, but if the person merely invested cash, has no input into operations, etc then a lesser share of the profits AND losses would typically be assigned to him, based upon the premise that he contributes nothing to the profitability or operations of the company. He merely made an investment and retained a small ownership percentage to protect his investment, his earning on the investment would be a cut of the profits.
Can someone use a copyright image if it is not for profit and used to make tags or alphabets?
No; simply being not for profit does not mean the use is fair.
What is a fair profit margin on used car?
A fair profit margin on a used car is up to five hundred dollars above the base price. You can look in Kelley blue book for the private and dealer price.
What was the cost and profit made by St Louis for having the 1904 World's Fair?
Cost to St Louis: $5 million Not only did the fair make a profit, but the city of St Louis also benfitted financially in many aspects. Forest Park received about a $500,000 in upgrades from the fair.
How much does a lead singer make?
A fair percentage of the bands revenue -- usually a percentage on
What best describes the purpose of National Industrial Recovery Act?
Guaranteeing fair business practices for everyone best describes the purpose of the National Industrial Recovery Act.
Formula for calculating fair market value of a company?
multiply profit of one year by 2.
What Established codes of fair practice for industry?
National Industrial Recovery Act. ( NIRA )
