User Account

All Pages

What amount would cathy capital balance after dillion joins

Assignment Help Accounting Basics
Reference no: EM133182724

Question - Alice, Benjamin, and Cathy are partners with capital balances of $90,000, $60,000 and $50,000 and who share in the profit and loss of the ABC partnership 40%, 10%, and 50%, respectively, when they agree to admit Dillion for a 20% interest. If Dillion contributes S80,000 to the partnership and the bonus method is used, what amount would be Cathy' capital balance after Dillion joins?

Reference no: EM133182724

Questions Cloud

Explain the concept of a risk management strategy : Explain the concept of a risk management strategy. Identify at least one strategy for managing risk (discussed in class)
Implementing the new well-baby program : What sorts of questions would the four Ps (product, place, price, promotion) prompt for implementing the new Well-Baby Program suggested in exhibit 15.2?
Evaluate the motivations of organizations : Evaluate the motivations of organizations such as Apple to initiate a facilities location or relocation project?
What role should business play in the political world : What role should business play in the political world? Should companies be able to lobby the government to enact laws that favor them?
What amount would cathy capital balance after dillion joins : If Dillion contributes S80,000 to the partnership and the bonus method is used, what amount would be Cathy' capital balance after Dillion joins
Amazon supply chain integration : How would conscious capitalism and a Christian worldview impact Amazon's supply chain integration?
What is classified as samd in australia : What is classified as SaMD in Australia? Are you aware or use any of the classified devices or Software - Reflect on your learning specifically
Assignment on group composition : Group composition is a topic that is heavily studied in order to understand how different 'mixtures' can affect team performance.
Calculate the amount of gain or loss on disposal : MoveIt had originally purchased the truck for $12,000 and had recorded depreciation for three years. Calculate the amount of gain or loss on disposal

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