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Question - Partners Prada, Paris and Paco have capital balances of P 90,000, P 70,000 and P 40,000 respectively and they share profits in the ratio of 3:3:4. Paco is no longer willing to contribute the amount of time and effort to the partnership. If Paris purchases Paco's interest for P 64,000, what is the balance of Paris' capital account after the withdrawal of Paco?
You are long 10 gold futures contracts, established at an initial settle price of $1,520 per ounce, Calculate the profit or loss for each trading day
Explain what is involved in a product costing system. Explain why Wilson-West Manufacturing needs to have a product costing system.
at end of 2011 tatum co. has accounts receivable of 700000 and an allowance for doubtful accounts of 28000. on 24th
What is the internal rate of return for each piece of equipment, what is the payback period for each machine
FIN700–Financial Management - Calculate the net present value (NPV), that is, the net benefit or net loss in present value terms of the proposed purchase costs
What is the dividend yield for each of these four stocks - What is the expected capital gains yield for each of these four stocks?
The income statement for the Four Oaks Golf Club Inc. for the month ended July 31 shows Service Revenue $17,410; Salaries and Wages Expense $8,770; Maintenance and Repairs Expense $4,180; and Income Tax Expense $1,080. What is the ending balance in R..
determine the unit costnbsp from the given data.javadi company makes a composting bin that is subject to wide seasonal
Your neighbor Brian Porter invited you to lunch yesterday. Sure enough, it was no “free lunch” because Brian wanted to discuss the annual report of Midway Corporation. He owns Midway stock and just received the annual report. Brian says, “Our auditor..
Warranty4U provides extended service contracts on electronic equipment sold through major retailers. The standard contract is for 3 years. During the current year, Warranty4U provided 21,000 such warranty contracts at an average price of $81 each.
Estimate ending inventory and cost of goods sold using the conventional retail method. Estimate ending inventory and cost of goods sold using the LIFO
Evaluate how much do you expect to be in your retirement account when you retire? You are planning for your retirement and will be investing $250/month IRA.
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