Answer: See explanation
Explanation:
Since the amount needed to start the
business is $51000 and Julie and Kristen invested in the ratio of 3:10 respectively.
Amount invested by Julie = 3/(3+10) × $51000
= 3/13 × $51000
= $11769.23
Amount invested by Kristen = 10/(3+10) × $51000
= 10/13 × $51000
= $39230.77
The percent that is owned by Kristen will be:
= ($39230.77 / $51000) × 100
= 76.92%
= 77% approximately
What is the best way to be compensated for your work? And why
O Annual Salary
O Hourly Wages
Sales Commission
O There is no one BEST way to be compensated.