Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Marie, Len and Ann decided to dissolve their partnership on august 31, 2019. Profits and and losses are shared 4:3:3, respectively and their capital balances as of January 1, 2019 were as follows: Marie - P 75,000
Len - P 90,000
Ann - P 30,000 The operations of the partnership for the period January 1, 2019 to August 31, 2019 resulted to a profit of P 66,000. As of August 31, 2019, cash balance is P 60,000 and the liabilities are P 135,000. Question 1: For Marie to receive P 60,000 in final settlement of her equity, how much should the non-cash assets be sold?
Interest upon how much of the mortgage can they deduct for regular tax purposes and where is it deducted if it is deductible? Interest upon how much of the mortgage can they deduct for AMT tax purposes?
Expansion versus replacement cash flows Edison Systems has estimated the cash flows over the 5-year lives for two projects, A and B. After-tax cash inflow expected from liquidation. If project A were actually a replacement for project B and the $12,0..
Compute sales for target net income. For Turgo Company, variable costs are 60% of sales, and fixed costs are $195,000. Management's net income goal is $75,000. Compute the required sales in dollars needed to achieve management's target net income of ..
Break the $115,500 future cash inflow into three components: (a) the return of the original investment, (b) the cost of capital, and (c) the profit earned on the investment. Now compute the present value of the profit earned on the investment.
Net income is $92,400 for the year. Prepare the Statement of Changes of Shareholders' Equity and Statement of Shareholders' Equity for year 2020.
question 11. pretax financial income reported 600002. depreciation charged for tax purpose is 76000 as well as
Steel Company, a wholesaler that has been in business for two years, purchases its inventory from various suppliers. During the two years, each purchase has been at a lower price than the previous purchase. Steel uses the lower of cost or market meth..
Evaluate the techniques for this capital project (suppose that rf=4%, Rm-rf=10%, beta=1,3, after-tax cost of debt = 12%, D/E=0,25)
A company's controller estimated bad debt expense, Which debit or credit is included in the adjusting journal entry to record bad debt expense for the year?
The last dividend, D0, of WX Inc.The company has a 12% required rate of return. What would be the stocks per share price today?
How did the U.S. government and Federal Reserve respond to the perfect financial storm in 2008-2009 and recent world health pandemic (covid-19)
Assume that you borrow $5,000 from a friend and intend to pay the amount in five equal annual installments beginning one year from today. Your friend wishes to be reimbursed for the time value of money at an 5% annual rate. What is the required annua..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd