User Account

All Pages

Nva restaurant was formed under the company jdrk

Assignment Help Finance Basics
Reference no: EM13481200

Nova Restaurant was formed under the company JDRK. Originally there were four partners who each bought in and were given a percentage of ownership. Prior to opening, the partners brought in a fifth partner and gave him a percentage of ownership. Buy-in details are below as well as a listing of assets. At this point,

Shares of Ownership:

Kelly - received 17.75% ownership for equipment he provided (valued at $14,000) but Nova Restaurant paid his back taxes of $6,000 and provided him with a personal loan of $3,500 which has not been paid back.

Darren - received 17.75% ownership for an original buy-in of $12,000.

JD - received 23.75% ownership for an original buy-in of $20,000.

Robert - received 25.75% ownership for an original buy-in of $25,000.

Matthew - received 15% ownership for an original buy-in of $40,000.

Currently, there are approximately $75,000 of liquid assets in the company account.

At this time, Kelly would like to sell his ownership percentage to an outside investor. Calculate the value of his percentage of ownership (in

USD) and thoroughly explain your answer. Show all work pertinent to the calculations. Be sure to include the back taxes and personal loan in your evaluation.

Reference no: EM13481200

Questions Cloud

Why is the family considered the most important agent of : the familyusing the textbook and the south university online library write a 1000-word minimum paper using apa
Do individual research on walmarts strategy in china who : do individual research on walmarts strategy in china. who has the better strategy for china walmart or carrefour? do a
Would you classify the items below as equity or liabilities : would you classify the items below as equity or liabilities? state your reasons and any assumptions.a. minority
He company charges a price of 650 total fixed cost is : he company charges a price of 6.50 total fixed cost is 314400 per year and the break even point is 131000 units. what
Nva restaurant was formed under the company jdrk : nova restaurant was formed under the company jdrk. originally there were four partners who each bought in and were
You hold 10000 eib7 14022015interest rates are flat at 6 : 1. you hold 10000 eib7 14.02.2015.interest rates are flat at 6. calculate the price of the bond.2. cupid plc has a
Is there a relation between level of inventories and sales : is there a relation between level of inventories and sales? are inventories a function of sales? if there is a
In a 4-page persuasive paper write an in-depth analysis of : in a 4-page persuasive paper write an in-depth analysis of a short story using your own ideas and excerpts from the
What is the current ratio what does the current ratio : what is the current ratio? what does the current ratio measure? what are reasons for using the current ratio for

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the target stock price in one year

At the same time, the income statement shows net income of $780,000. The company paid dividends of $397,800 and has 120,000 shares of stock outstanding. If the benchmark PE ratio is 29, what is the target stock price in one year?

  What is its current stock price

The last dividend paid by Marquette Inc. was $1.25. The dividend growth rate is expected to be constant at 15% for 3 years, after which dividends are expected to grow at a rate of 6% forever. If the firm's required return (rs) is 11%, what is its ..

  Describe in general terms how each option

Describe in general terms how each option could change a project's NPV and show the corresponding risk of each option, relative to what would have been estimated if the option had not been considered.

  Calculation of npv of two projects with different lives

Calculation of NPV of two projects with different lives and cash flows and considering a project that has the following cash flow and WACC data

  Compute the crossover point

Given the following two mutually exclusive Investments A and B, compute the crossover point.

  What is the current selling price

zero-coupon bond A U.S. Government bond with a face amount of $10,000 with 8 years to maturity is yielding 3.5%. What is the current selling price?

  What is the break-even point in units for the company

Rocky Mount Metals Company manufactures an assortment of wood-burning stoves. The average selling price for the various units is $500. The associated variable cost is $350 per unit. Fixed costs for the firm average $180,000 annually.

  What is the new par value per share

Hexagon declares a four for five reverse split. How many shares are outstanding now? What is the new par value per share?

  The value of the australian dollar a today is 073 yesterday

1.if the home currency depreciates who benefits?alocal importers blocal exporters ceveryone benefits dno one benefits2.

  How long will quang money last

If, starting at time 12 when he invests in the new fund, money is withdrawn levelly and continuously at a rate of $8,000 per annum, how long will Quang's money last?

  Compute rate of earnings to grow

Canyon Recreational Products has earnings of $1.60 per share and plans to pay a $0.64 dividend. In past Canyon Recreational Products has earned a return of 25 percent on its investments,

  Suppose that you encompass 100000 invested in a stock whose

assume that you have 100000 invested in a stock whose beta is .85 200000 invested in a stock whose beta is 1.05 and

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