Calculate the new ratio and the gaining ratio

Assignment Help Financial Accounting
Reference no: EM13506333

A,B,C and D were partners sharing profits in the ratio of 2:1:3:4. B retires and his share is aquired by A and C in the ratio of 4:1.Calculate the new ratio and the gaining ratio.

Reference no: EM13506333

Questions Cloud

Determine the average binding energy per nucleon : A single atom of cesium-133 has a mass, in atomic mass units, of 132.90545193 u. Determine the average binding energy per nucleon
State complete and balanced net ionic equations : Write complete and balanced net ionic equations for the reaction that occurs between the following pairs of reagents. If no reaction occurs, so state.
What is the cost per unit and the price : Using cost-plus pricing, what is the cost per unit and the price? What are advantages and disadvantages of cost-plus pricing?
Compute the sulfide ion concentration in saturated solution : Calculate the sulfide ion concentration in a saturated solution of hydrogen sulfide with a pH of 0.85. Assume that [H2S]=0.10 mol/L in a saturated solution. Write the overall, balanced net ionic equation for the ionization of hydrogen sulfide and ..
Calculate the new ratio and the gaining ratio : A,B,C and D were partners sharing profits in the ratio of 2:1:3:4. B retires and his share is aquired by A and C in the ratio of 4:1.Calculate the new ratio and the gaining ratio.
Find the skiers total kinetic energy : A skier (m = 63.0 kg) starts sliding down from the top of a ski jump with negligible friction and takes off horizontally. Find the skier's total kinetic energy as she reaches the ground
Discuss why the management of the culture is critical : Discuss why the management of the culture is critical for the success of an organization, especially in Stage IV.
Determine the electric potential at the center of the square : Identifcal 2.0uC charges are placed on the vertices of a square with sides that are 2.0m in length. Determine the electric potential at the center of the square
What is the effective annual rate : California Wines offers credit terms of 2/5, net 25. What is the effective annual rate on a $8,000 purchase of wines if you forgo the discount?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Michelles flowering plants provides the subsequent

michelles flowering plants provides the subsequent information for the month of mayactual budgettulips geraniums tulips

  Using the cost model evaluate the amount

Using the cost model, at what amount could the land be reported in the statement of financial position of Jeng Ting Ltd for each reporting date? Describe your answers.

  What is the financial risk of the company

What is the name of the company? What is the industry sector and what are the operating risks of the company and what is the financial risk of the company (the debt to total capit

  Compute the current ratio and quick ratio

Compute the current ratio, quick ratio, cash to existing liabilities ratio, over a two-year period. Show and interpret the ratios that you evaluated.

  Make an operating budget

Purpose a cash Budget for the first two quarters and make an operating budget for the first and second quarters of operations of Terry's Equipment Center.

  Straightforward net-present-value and payback computations

Determine whether STL Entertainment should acquire the boat. Assume a 14% desired return on all investments,- round calculations to the nearest dollar.

  Evaluate the carrying amount of each asset category

Purpose journal entries to record each of the transactions above. Evaluate the carrying amount of each asset category at the end of 2009?

  Which of the following items are accounting contributions

which of the following items are accounting contributions to the managerial decision-making process?i. assign

  Determining when firms are allowed to elect the fair value

Is IFRS or U.S. GAAP more restrictive for determining when firms are allowed to elect the fair value option for financial assets and liabilities? Explain.

  Evaluate the amount of gross profit

Evaluate the amount of gross profit or loss to be recognized in each of the three years using the completed contract technique.

  Determine basic earnings per share for lee in 2013

Lee Co. is a calendar-year firm with 120 million common shares outstanding throughout 2013. As part of its executive compensation plan, at January 1, 2012, the company had issued 12 million executive stock options permitting executives to buy 12 m..

  Determine the depreciation expense

Evaluate the depreciation expense for year under straight-line depreciation and the Allowance for Doubtful Accounts is necessary.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd