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Discussion 1
"Joint Ventures and Partnerships" Please respond to the following:
From the e-Activity, determine a significant factor that contributed to one joint venture's success and the other joint venture's failure. Suggest the most critical element that should be included in a joint venture agreement to ensure success.
Imagine you are consulting with three medical doctors who are considering starting either a general partnership or a limited partnership. Suggest the most compelling reasons why the doctors should create a limited partnership rather than a general partnership. Recommend the best approach for the partnership to allocate income or loss. Provide support for your recommendation.
Discussion 2
"Partnership Liquidation Process and Partnership Incorporation" Please respond to the following:
the rowdy fun is a limited partnership and was formed on june 1 2005 by thomas kyle its general partner and two other
consolidated basic and diluted earnings per share.peppercorn corporation owns 90 of salt corporations common stock and
questiondefine the problems label each questionsanalyze the situationa. what important controls were ignored when ljm1
What does the amount reported for cost of goods sold represent? Is your company a profitable company? How can you tell? Does your company use accrual-based or cash-based accounting?
Evaluate the net present value (NPV) and internal rate of return (IRR) of the Apex expansion project.
At the beginning of the year, a company bought three new machines for its production facilities. The machines were all different so each had to be recorded separately. Below are the costs related to each purchase.
Determine the overhead rate is 25 percent of raw materials used plus 50 percent of direct labor costs and How much overhead was incurred for the month?
Determine the amount of interest Jonathan should capitalize as part of the cost of the building in 2008 and 2009. Evaluate the total cost of the building?
How are general long-term liabilities distinguished from other long-term liabilities of the government? How does the financial reporting of general long-term liabilities differ from the financial reporting of other long-term liabilities?
The Make a Way Foundation has run into a financial crisis. Halfway into their fiscal year, the financier has realized that the company has not put enough money aside to cover all of their costs for the children's summer expense project.
Presented below are selected ledger accounts of McGraw Corporation as of December 31, 2012.
What information were you able to glean about the financial situation of this company from the financials?
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