User Account

All Pages

How much should be the initial total capitalization

Assignment Help Accounting Basics
Reference no: EM133182423

Question - On May 1, 2022, Carlo and Jamie formed a partnership agreeing to share profits and losses in the ratio of 2:3 respectively. Jamie invested a parcel of land that cost her P250,000. Carlo invested P300,000 cash. The land was sold for P500,000 on the same date, three hours after formation of the partnership. How much should be the initial total capitalization of the partnership?

Reference no: EM133182423

Questions Cloud

What should shale set as the materials markup per dollar : Overhead for depreciation, taxes, insurance, etc. $870,000. What should Shale set as the materials markup per dollar of materials used
Journalize the entry to record the flow of costs : On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for direct materials
How much will you have at the end of seven years : If you invest $900 in a bank in which it will earn 6.5% compounded semi-annually, how much will you have at the end of 7 years
Understanding of appropriate theoretical concepts : Demonstrates an understanding of appropriate theoretical concepts and The extent to which the review is coherent with a clear ‘voice' and sense of direction
How much should be the initial total capitalization : The land was sold for P500,000 on the same date, three hours after formation of the partnership. How much should be initial total capitalization of partnership
Identify five determinants of capacity : a) Capacity Management is a multifaceted attribute that largely impacts the performance of an organization for competitive advantage.
Effective and successful performance management : What are the three main and essential elements/considerations that she should be mindful and careful as she is going through this process?
Impact on the identified cultural development : What ethical dilemmas and legal considerations are at play in organizational improvement efforts?
A crude case of worker demands : Chapter Twelve: "A Crude Case of Worker Demands" read the case and watch the accompanying video

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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