How much is the total liquidation lost

Assignment Help Accounting Basics
Reference no: EM133019023

Question - X, Y and Z have capital balances of P80,000.00, P100,000.00, and P36,000.00, respectively, and share profit and loss based on the ratio of 4:2:1, respectively. X received P52,000.00 as a result of liquidation of the partnership.

Question no. 1. How much is the total liquidation lost?

Question no. 2. How much cash did Y received as a result of liquidation?

Question no. 3. How much cash did Z received as a result of liquidation?

Reference no: EM133019023

Questions Cloud

Popularity of enterprise risk management : The growing popularity of Enterprise Risk Management (ERM) has given many organizations the opportunity to observe and experience the tangible advantages it can
Conduct a research or development project : Evaluate the research or development project and identify areas for further work and Evaluate alternative approaches appropriate to a defined problem
At what price will the margin call be issued : Stock ABC currently trades at $63.86. Initial margin requirement is 65% and maintenance margin requirement is 38%. At what price will the margin call be issued
What amount should be included in profit or loss : What amount should be included in profit or loss in 20X9 as a result of the reclassification of the equipment to property, plant, and equipment
How much is the total liquidation lost : X, Y and Z have capital balances of P80,000.00, P100,000.00, and P36,000.00, respectively, How much is the total liquidation lost
What is the price-earnings ratio of the company : No-Growth Industries pays out all of its earnings as dividends. It will pay its next $6 per share dividend in a year. What is price-earnings ratio of company
Compute the certainty equivalent of a portfolio : From this utility function, explain how you would compute the certainty equivalent of a portfolio. Show this graphically on a risk-return framework
What is the value of anderson stock : Anderson Corporation expects to generate free-cash flows of $500,000 per year for the next five years. What is the value of Anderson stock
What is the variance of the returns on RTF : The probability of a boom is 60% while the probability of a recession is 40%. What is the variance of the returns on RTF, Inc. stock

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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