User Account

All Pages

What is the total capital of the big partnership

Assignment Help Accounting Basics
Reference no: EM133117362

QUESTION 1 - Ranken purchases 50% of Lark's capital interest in the K and L partnership for P22,000. If the capital balances of Kim and Lark are P40.000 and P30,000, respectively, Ranken's capital balance following the purchase is?

QUESTION 2 - In AD partnership, Allen's capital is P140,000 and Daniel's capital is P40,000 and they share a net income ratio of 3:1 respectively. They decided to admit David in the partnership. What amount will David invest to give him 1/5 interest in the partnership if no bonus/asset revaluation is recorded?

QUESTION 3 - Capital balances and profit and loss sharing ratios of the partners in the BIG Entertainment

Gallery are as follows:

Betty, capital (50%) P140.000

Iggy, capital (30%) 160,000

Grabby, capital (20%) 100,000

Total P400,000

Betty needs money and agrees to assign half of her interest in the partnership to Yessir for P90,000 cash. Yessir pays directly to Betty. Yessir does not become a partner. What is the total capital of the BIG Partnership immediately after the assignment of the interest to Yessir?

Reference no: EM133117362

Questions Cloud

What amount should be attributed to the parent : Assume JMR uses the FVE method. What amount should be attributed to the parent in the SCI column at December 31, 20X5, in the AD schedule
Explain the motives of a firm to transition : Briefly explain any one (1) of the motives of a firm to transition from being a purely domestic firm to become a multinational firm
Cause of the collapse of the us financial system : What was the cause of the collapse of the US Financial System? What companies do they mention and why are they relevant to the overall situation?
Aggregate market of stocks : If the market portfolio unexpectedly goes down 20% (i.e., there is a -20% return on the aggregate market of stocks and other securities in existence), what retu
What is the total capital of the big partnership : Betty needs money and agrees to assign half of her interest in the partnership to Yessir for P90,000 cash. What is the total capital of the BIG Partnership
Calculate the beta of portfolio of stocks : Please answer the following questions related to a Portfolio of stocks consisting of the stocks of the Dow 30 (assume an equal investment in each stock - perhap
Compute monthly mortgage payment : The house you want to buy costs $167,800. You plan to make a cash down payment of 10 percent and finance the balance over 20 years at 6% APR.
What is the appropriate credit spread : Based on the formula derived in the slides on corporate securities, what is the appropriate credit spread for a corporate bond with a 5% probability of default
Financing risks associated with the acquisition of genentech : What are the business and financing risks associated with the acquisition of Genentech? Is this a good time to do the deal?

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