Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 17, 2024

A and B form a new partnership they agree on 25%,75% respectively interests in capital and profits , A invests $10000 in cash and B

A and B form a new partnership they agree on 25%,75% respectively interests in capital and profits , A invests $10000 in cash and B invests cash 15000 . capital balance to A under bonus: Select one: O a. 6250 O b. 16000 O C. 10000 d. 12500

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introductory Accounting Finance And Auditing For Lawyers

Authors: Lawrence Cunningham

6th Edition

0314280456, 978-0314280459

More Books

Students also viewed these Accounting questions

Question

★★★★★

How has the globalization of firms affected the diversity of their employees? Why has increased diversity put an additional burden on accounting systems?

Answered: 1 week ago

Question

★★★★★

Four years after the option grant, the stock price for Analog Devices was about $40. Using the same input as in the previous problem, compute the market value of the options granted in 2000, assuming...

Answered: 1 week ago

Question

★★★★★

3. How could each side have been better prepared for the negotiation?

Answered: 1 week ago

Question

★★★★★

Should a PERT/CPM network become a means of understanding reports and schedules, or should it be vice versa?

Answered: 1 week ago

Question

★★★★★

req. 1-3b Check m 7 On February 1, 2021, Arrow Construction Company entered into a three-year construction contract to build a bridge for a price of $8,180,000. During 2021, costs of $2,060,000 were...

Answered: 1 week ago

Question

★★★★★

TIE AND ROIC RATIOS The W.C. Pruett Corp. has $800,000 of interest-bearing debt outstanding, and it pays an annual interest rate of 9%. In addition, it has $700,000 of common stock on its balance...

Answered: 1 week ago

Question

★★★★★

A critical reflection on how you have developed personally and professionally from human service organization placement. Consider questions such as: What soft skills (for eg., communication,...

Answered: 1 week ago

Question

★★★★★

Fake Racing Hoax Racing Direct materials $7 500 $10 000 Direct labour $13 000 $12 500 Number of inspections 4 2 Number of set-ups 3 1 Number of machine hours 2000 4 500 Number of engineering 130 50...

Answered: 1 week ago

Question

★★★★★

Simple expected value calculations are at the heart of Kahneman and Tversky's prospect theory. Calculate the expected value of the following gamble. You are playing the following game: draw a card...

Answered: 1 week ago

Question

★★★★★

From the following data prepare a statement of cost of goods manufactured and cost of goods sold of Popular Stoves Manufacturing Co. for the year 2011: Rs. Stock of materials on 1-1-201135,000 Stock...

Answered: 1 week ago

Question

★★★★★

Reflect on your learning experience and course resources and answering the following. Note that this is not a research project and would expect either your personal thoughts or SYST 3 0 0 2...

Answered: 1 week ago

Question

★★★★★

1 The CIPD now pays particular attention to business skills. Do you think it is right that HR managers should have such broad- based skills? In a report prepared by Rajan and Chapple (2001), based on...

Answered: 1 week ago

Question

★★★★★

=+5. Have a look at the Web site of the campaign What Would Jesus Drive? (http://www.whatwouldjesusdrive.info/intro.php). If he were alive today, what car would Jesus drive? Why?

Answered: 1 week ago

Question

★★★★★

1 W hat lessons might be taken from SASs example and applied in other organisations? SAS Institute, based in the USA, is the worlds largest private software company. SAS is a developer of analytics...

Answered: 1 week ago

Previous Question Next Question