1.

D AAA BBB Total

Salary 55,000 45,000 100,000
Remainder -10,000 -10,000 -20,000
Total 45,000 35,000 80,000

AAA BBB CCC Total

2. A Salaries 30,000 20,000 50,000
Interest 12,000 6,000 4,000 22,000
Remainder -35,000 -35,000 -35,000 -105,000
7,000 -29000 -11,000 -33,000

AAA BBB CCC Total

3. C 10% net income 10,000 10,000
20% net income 30,000 30,000
5% net income 3,000 3,000 6,000
Remainders 68,000 68,000 68,000 204,000
total 108,000 71,000 71,000 250,000

Inv Capital Balance lapse Average Capital

4. B January 1, 2016 140,000 6 months 70,000
July 1, 2016 40,000 180,000 1 month 15,000
August 1, 2016 -15,000 165,000 5 months 68,750
153, 750
153,750 x 10% 15,375

5. C Profit BBB
Loss AAA

A B C Total
6 Salaries 5,000 5000 10,000
Interest 1,500 1187.50 1062.50 3,750
Bonus 7271.74 7,271.74
Remainder 12119.57 16967.39 19391.30 48,478.26
Total 25,891.31 23154.89 20,453.80 69,500

7 Date Inv Capital Balance lapse Average Capital

AA Jan-01 72,000 72,000 5 months 30,000
Jun-01 -36,000 36,000 2 months 6,000
Aug-01 9,000 45,000 4 months 15,000
Dec-01 -27,000 18,000 1 month 1,500
52,500

Date Inv Capital Balance lapse Average Capital

BB Jan-01 84,000 84,000 5 months 35,000
Jun-01 -54,000 54,000 2 months 5,000
Aug-01 -18,000 18,000 5 months 5,000
 45,000

AA BB TOTAL
interest 2,625 2,250 4,875 Net Income
Salaries 180,000 180,000 360,000 Salaries
Remainder 57,562.50 57,562.50 115,125 Interest
TOTAL 240,187.50 239,812.50 480,000 NI after S&I
X Bonus Rate
Bonus

8. B Joy Ash Elisha Gabrielle

Interest 50,000 25,000 25,000 25,000
Salaries 100,000 60,000
Remainder 100,000 100,000 66,666.67 66,666.67
TOTAL 250,000 185,000 91,666.67 91,666.67
 480,000
180,000
2,625
297,375
25%
74,344

Total
125,000
160,000
333,333.33
618,333