User Account

All Pages

How could this issue be resolved in the first place

Assignment Help Finance Basics
Reference no: EM132081410

John, Lisa, and Trevor form a limited liability company (LLC). John contributes 50 percent of the capital, Lisa and Trevor each contribute 20 percent. Nothing is decided about how profits will be divided or how much voting power should be allocated. John assumes he will be entitled to 50 percent of the profits and 50 percent of the voting power, in accordance with his contribution. Lisa and Trevor assume that the profits and voting power will be equal for all members. Who is correct, and how could this issue be resolved in the first place?

Reference no: EM132081410

Questions Cloud

Build a foundation of wealth for your clients : Explain the implications that a higher WACC has on management's evaluation on prospective investment projects - What have they done to adjust/amend
Write a multiplication table program that accepts numbers : Write a multiplication table c++ program that accepts a multiplication base number as well as the low and high values for the range of multipliers.
Write a program that does the given tasks for a video store : The Video store maintains a .txt list of all customers and a .txt list of all videos in the store.
What actions can you take to ensure your own arguments : What actions can you take to ensure your own arguments and solutions do not contain fallacies and believing fallacies can present
How could this issue be resolved in the first place : Lisa and Trevor assume that the profits and voting power will be equal for all members. Who is correct, and how could this issue be resolved in the first place?
Bankruptcy abuse prevention and consumer protection act : Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA). Who is this law intended to help?
Write a program that will generate random numbers : Write a C++ program that will generate random numbers between the ranges of your own choice and within the random numbers, indicate the maximum, minimum.
Advantage of adr clause : One advantage of this ADR clause would be that the arbitrator's decision would not be binding on Avid.
Owner of a small retailing business : Walton, Sr., the sole owner of a small retailing business, was attempting to purchase some goods on credit from a manufacturer with whom

Reviews

Write a Review

Finance Basics Questions & Answers

  Possible values of ebit

Also, let's assume that the firm's expected values for EBIT depend upon which state of the economy occurs this year, with the possible values of EBIT.

  Long string of consecutive quarters

During the 1990s, GTR Corporation put together a long string of consecutive quarters in which the firm managed to meet or beat the earnings forecasts

  What is the purpose of the budget

What is the purpose of the budget? Why are requests for budget revisions necessary? When should a formal request for a budget revision be submitted?

  Explain the tax consequences of the lightning strike

Omar, a single person, purchased a home in July of 2004 for $400,000. He has lived in the home as his primary residence since he purchased the house.

  Assuming 360 days in a year calculate debtors turnover

debt collection period of x ltd is 36 days. sales affected during the year were rs 500000. assuming 360 days in a year

  Problem regarding the southwick company

The Southwick Company has the following balance sheet ($000):

  European call option on dynamic

If the? risk-free interest rate is 5 % per? year, what is the price of a? one-year European call option on Dynamic with a strike price of $ 34?

  What is the fiasco is more reliable than expected

What is the Fiasco is more reliable than expected, so that its operating cost is $0.075/km? What if you drive only 9000 km/year?

  Prepare journal entry to record the bonds life

Shopko issues $185,000 of 12 percent, three-year bonds dated January 1, 2009, that pay interest semiannually on June 30 and December 31. They are issued at $189,620.

  Describe the niskanen model of bureaucracy

In the aftermath of September 11 there were fears that terrorists would attempt to sabotage the country food supply. Food safety is under the jurisdiction.

  What is the interest tax shield for the year

Sand Mountain Resort has a tax rate of 32 percent. Its total interest payment for the year just ended was $41,000. What is the interest tax shield for the year?

  Find the projects npv irr and payback

Webmasters.com has developed a powerful new server that would be used for corporations' Internet activities. It would cost $10 million to buy the equipment.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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