Business, 29.10.2020 17:50 bhas1711

Kiranto and Dayangku are good friends since school till they graduated from UiTM with Degree in Music. They share the same enthusiastism in music. Dayangku is a singer and a
guitar player and a self-proclaimed musical historian. She has also produced recordings
while Kiranto is a radio announcer for MOTFM and a film critic for Screen Reward TV3. He
also sang with the Randall Bramblett Band.
sumbang
Kiranto (contributed 60% higher than Dayangku's contribution of capital totaling overall
capital of RM130,000. Dayangku contributed RM50,000 capital in a form of cash. Kiranto
and Dayangku will together manage the business. They locate their business in Shah Alam,
a heaven for students of faculty of music and entertainment art. The business has unlimited
liabilities
Their business basically sells, buys, and trades CDs, vinyl records, and tapes. Vinyl records
are also known as LPs, which stands for long playing records. Almost no new audio releases
are produced as vinyl records, many people still enjoy the music that was recorded on them.
Thus Kiranto and Dayangku wanted Turnaboutmusic to supply them LPs as well as needles
and styluses for turntables. The store carries "thousands and thousands" of new and used
CDs. Tapes run a distant third in terms of inventory, and they don't carry any new cassettes,
which have just about gone the way of the dinosaur," Kiranto said.
The store's owners won't accept any musical merchandise that is scratched up or not
handled properly. LPs and tapes must be in very good condition. The business does not sell
the musical instruments.
The store will pay additional price in between RM1 and RM5 in cash or trade, and a trade
will bring the customer slightly more value. The store's needs determine whether or not they
will buy the CD, LP, or tape. If Turnaboutmusic has 50 copies of a particular recording,
obviously the store doesn't need another copy.

question

b. calculate the capital contributed by kiranto and Dayangku to set up their business?

Answers: 1

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Kiranto and Dayangku are good friends since school till they graduated from UiTM with Degree in Mus...

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