Xavier and Yolanda Have Original Investments of $50,000 and $100,000

question 122

Multiple Choice

Xavier and Yolanda have original investments of $50,000 and $100,000, respectively, in a partnership. The articles of partnership include the following provisions regarding the division of net income: interest on original investment at 10%; salary allowances of $38,000 and $28,000, respectively; and the remainder to be divided equally. How much of the net income of $77,000 is allocated to Yolanda?

• A) $77,000
• B) $38,000
• C) $36,000
• D) $44,000

---

Definitions:

Sodium Ion

An atom of sodium that has lost one electron to form a positively charged ion (Na+), crucial for nerve transmission and fluid balance in the body.

LDL Cholesterol

Low-density lipoprotein cholesterol, often referred to as "bad" cholesterol, which can accumulate and form plaques in arteries, leading to cardiovascular disease.

Receptor-Mediated Endocytosis

A type of endocytosis in which extracellular molecules become bound to specific receptors on the cell surface and then enter the cytoplasm enclosed in vesicles. Compare with phagocytosis and pinocytosis.

Membrane-Bound Enzymes

Enzymes that are attached to or associated with a cell membrane, playing crucial roles in various cellular processes.