What amount of aaron and adam contribution would be

Assignment Help Financial Accounting
Reference no: EM132713266

Problem 1: Aaron, Amos, and Adam are to contribute cash at an agreed capital contribution of 1/5; 3/10 and 1/2 respectively. Amos contributed ?45,000 cash. The amount of Aaron and Adam's contribution would be:

a. ?27,000 and ?75,000 respectively

b. ?27,000 and ?67,500 respectively

c. ?50,000 and ?75,000 respectively

d. ?30,000 and ?75,000 respectively

Reference no: EM132713266

Questions Cloud

Will the market equilibrium be efficient : Suppose the supply of the agent is infinitely elastic at the current price of $25 per gallon. Will the market equilibrium be efficient?
How many tons of paper will be produced per year : Assuming that paper is sold in a competitive market, what is the market price? How many tons of paper will be produced per year at that price?
Compute the capital balances of the partners after admission : Compute the capital balances of the partners after the admission of Chris. The partnership assets and liabilities have book values equal to their fair values.
SPD1088 English for Academic Studies Assignment : SPD1088 English for Academic Studies Assignment Help and Solution, The Hong Kong Polytechnic University - Assessment Writing Service
What amount of aaron and adam contribution would be : What amount of Aaron and Adam's contribution would be? Aaron, Amos, and Adam are to contribute cash at an agreed capital contribution of 1/5
What the total amount of the partnership non-cash assets : The net assets are ?250,000, and the total claim of outside creditors is ?200,000, the total amount of the partnership's non-cash assets would be
Calculate the company economic profit : Calculate the company's economic profit. Interest paid during the year was $240,000 and the weighted average cost of capital is 8%
What is abc return on equity before the change : If ABC changes its capital structure (recapitalizes) to include 40% debt, what is ABC's return on equity (ROE) before and after the change?
Develop the research topic about impact of modern technology : What do you think would be the problematic issues nowadays that lead us to develop the research topic about the Impact of Modern Technology

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is the break- even point of the bathrobe department

What is the break- even point of the bathrobe department (what is the minimal number of units it needs to sell so the expansion is profitable)?

  Determine whether buying or leasing is preferable

Determine whether buying or leasing is preferable.,Yamrot Company, a small machine shop, is contemplating acquiring a new machine tool costing

  Prepare a classified statement of financial position

Prepare a classified statement of financial performance for 2012 and 2013 - prepare a classified statement of financial position for 2012 and 2013.

  Which decreases in economic benefits during an accounting

Which Decreases in economic benefits during an accounting period in the form of outflows reflects? Expenses./ Liabilities./ Revenues

  Complete the annual financial statements

On January 20, 2011, Tamira Nelson, the accountant for Picton Enterprises, is feeling pressure to complete the annual financial statements.

  Calculate the payback period of the project

ACC5502 Accounting and Financial Management Assignment. Calculate the payback period of the project. Calculate the Internal Rate of Return (IRR) of the project

  Find the book value of an asset is

Which of the following would usually be the greatest amount? Find The book value of an asset is. Inventory Shrinkage is caused by

  Issuance of bonds payable of sawyer corporation

Problem: The following information was taken from the 2008 financial statements of Sawyer Corporation:

  Bond discount and entries for bonds payable transactions

Bond Discount, Entries for Bonds Payable Transactions, Interest Method of Amortizing Bond Discount. On July 1, 2014, Bliss Industries, Inc. issued $58,000,000 of 20-year, 11% bonds at a market (effective) interest rate of 14%, receiving cash of $46,4..

  Calculate the revpar for the month of april

During the month of April, it sold 3,000 standard room nights at $90 and 1,000 deluxe, Calculate the RevPAR for the month of April.

  Toyota establish for the camry

What price will Toyota establish for the Camry for the upcoming model year

  Describe fraud and its impact

Describe in detail the internal control weakness in this situation. Specify what negative result could occur because of the internal control weakness.

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