How much was the profit or loss share of star

Assignment Help Accounting Basics
Reference no: EM133047851

Question - ROCK was credited with a salary of P72,000 as managing partner and interest of P12,000 on her capital contribution. She was charged with P6,000 as her share in the negative balance on a 1:2 ratio. The capital contributions are P100,000 for ROCK and P200,000 for STAR. How much was the profit or loss share of STAR?

Reference no: EM133047851

Questions Cloud

Why component-based software engineering : Why component-based software engineering is important? If apply for small or middle size enterprises, is it still very important adopted for developing system,
Enron-the biggest fraud in history : What do you think were some of the most troubling actions the company did and how did in depth analysis of their financial statements would reveal they were fra
Define comprehensive income : Define comprehensive income. Define expenses and enumerate the classification of expenses. Distinguish financial capital and physical capital
How does each law specifically affects mcos : In the United States, both federal and state laws can affect healthcare. Conventionally, states have regulated managed care organizations MCOs.
How much was the profit or loss share of star : The capital contributions are P100,000 for ROCK and P200,000 for STAR. How much was the profit or loss share of STAR
Logical and physical entity relationship diagram : What are the differences between the logical and physical Entity Relationship Diagram (ERD)?
Yield the maximum possible profit : The size of the yield of olives in a vineyard is greatly influenced by a process of branch pruning. If olive trees are pruned, trees can be planted more densely
Determine the innovative product : Determine the innovative product to create. Create a high-level plan to note who is performing which activity and when it will be due by.
Crucial component of good data visualization : Annotation is a crucial component of good data visualization. It can turn a boring graphic into an interesting and insightful way to convey information

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