Question
Olivia Greer is a partner in Made for You. An analysis of Greer's capital account indicates that during the most recent year, she withdrew $31,000
Olivia Greer is a partner in Made for You. An analysis of Greer's capital account indicates that during the most recent year, she withdrew $31,000 from the partnership. Her share of the partnership's net loss was $21,500 and she made an additional equity contribution of $21,000. Her capital account ended the year at $161,000. What was her capital balance at the beginning of the year? |
$192,500
$139,500
$160,500
$214,000
$129,500
The following information is available on TGR Enterprises, a partnership, for the most recent fiscal year: |
Total partnership capital at beginning of the year | $156,000 |
Partnership net income for the year | $126,000 |
Withdrawals by partners during the year | $66,000 |
Additional investments by partners during the year | $36,000 |
There are three partners in TGR Enterprises: Tracey, Gregory and Rodgers. At the end of the year, the partners' capital accounts were in the ratio of 2:1:2, respectively. Compute the ending capital balances of the three partners. |
Tracey = $153,600; Gregory = $76,800; Rodgers = $153,600.
Tracey = $66,400; Gregory = $76,800; Rodgers = $66,400.
Tracey = $50,400; Gregory = $25,200; Rodgers = $50,400.
Tracey = $100,800; Gregory = $50,400; Rodgers = $100,800.
Tracey = $84,000; Gregory = $84,000; Rodgers = $84,000.
A company had a beginning balance in retained earnings of $43,900. It had net income of $6,900 and paid out cash dividends of $5,850 in the current period. The ending balance in retained earnings equals: |
rev: 12_08_2015_QC_CS-34455
A company has net income of $930,000; its weighted-average common shares outstanding are 186,000. Its dividend per share is $0.75, its market price per share is $94, and its book value per share is $85.00. Its price-earnings ratio equals: |
rev: 02_05_2016_QC_CS-41025
A company has earnings per share of $8.60. Its dividend per share is $1.55, its market price per share is $98.90, and its book value per share is $75. Its price-earnings ratio equals: |
A company paid $1.10 in cash dividends per share. Its earnings per share is $3.10, and its market price per share is $29.00. Its dividend yield equals: |
A company has 50,000 shares of common stock outstanding. The stockholders' equity applicable to common shares is $612,500, and the par value per common share is $10. The book value per share is: |
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