User Account

All Pages

What is the amount of fred share from the partnership income

Assignment Help Managerial Accounting
Reference no: EM132939766

Question - A and B agreed to share the partnership's profit as follows:

To A: P5,000 salary per month, 4% bonus after salary and bonus

To B: The remaining balance

What is the amount of Fred's share from the partnership's income of P400,000?

Reference no: EM132939766

Questions Cloud

What you are explaining : What you are explaining - values-based organizations with high performance models
Why did pitney bowes collaborates with general electric : Why did Pitney Bowes Collaborates with General Electric?
What is the division return on investment : El Campo is a division of a major corporation. The company's minimum required rate of return 16%. What is the division return on investment
Explain hr analytics and people analytics : 1. How is project management used in analyzing the metrics and measurements needed in an organization?
What is the amount of fred share from the partnership income : To A: P5,000 salary per month, 4% bonus after salary and bonus. What is the amount of Fred's share from the partnership's income of P400,000
How various leadership styles would use them : Create a document or visual presentation which correlates the Bases of Power with how various leadership styles would use them.
What amount of interest income should Sad Company recognize : What amount of interest income should Sad Company recognize related to the notes receivable in its December 31, 2105 statement of financial position
How much more expensive would the gas fueled car : Assume operating costs occur at the end of each month. In present value terms, how much more expensive would the gas fueled car be to operate
Analyzing the metrics and measurements : 1. How is project management used in analyzing the metrics and measurements needed in an organization?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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