Reference no: EM132693036
Problem - Tyler Hawes and Piper Albright formed a partnership, investing $210,000 and $70,000, respectively. Determine their participation in the year's net income of $290,000 under each of the following independent assumptions:
(a) no agreement concerning division of net income;
(b) divided in the ratio of original capital investment;
(c) interest at the rate of 5% allowed on original investments and the remainder divided in the ratio of 2:3;
(d) salary allowances of $36,000 and $45,000, respectively, and the balance divided equally;
(e) allowance of interest at the rate of 5% on original investments, salary allowances of $36,000 and $45,000, respectively, and the remainder divided equally.
|
Integrate treasury operations
: 1) Why is it a major treasury responsibility to integrate treasury operations with other operational areas including accounting and finance?
|
|
Determine the division of a net loss
: Determine the division of a $20,000 net loss for the current year, assuming that remaining income or losses are shared equally by the two partners
|
|
Purpose of using the dupont system for analysis
: What is the purpose of using the DuPont system for analysis. Explain how the factors in the Dupont equation influence the ROA equation.
|
|
Test-driven programming
: Experts debate the utility of the Test-Driven Programming (TDD) approach to managing software development projects.
|
|
Determine their participation in the year net income
: Tyler Hawes and Piper Albright formed a partnership, investing $210,000 and $70,000, Determine their participation in the year net income
|
|
Who is in their cabinet or other relevant political figures
: Leader/President: when elected, who is in their cabinet or other relevant political figures?
|
|
How much is the npv with the increase in discount rate
: What do you recommend? Keep the existing policy 2% discount or the proposed policy with 3% discount? Why?
|
|
Analyze factors that contribute to participation in health
: Identify factors, as defined in the health promotion model, which contribute to your decision not to participate. Include immediate competing alternatives.
|
|
Journalize the partnership entry to record Payne investment
: Payne contributes the following assets to the partnership: cash, $20,000; Journalize the partnership entry to record Payne investment
|