User Account

All Pages

What the cash distribution to partners would be

Assignment Help Accounting Basics
Reference no: EM132737762

Problem 1: Prior to liquidation, the partners' capital balances are reported as follows: ARIANA - Capital, ?210,000, P& L Ratio, 1/4; GRANDE - Capital, ?240,000, P&L Ratio, 3/4. The total liabilities of the partnership amount to ?200,000, and all assets available are non-cash assets which were realized at ?500,000. The cash distribution to partners would be:

A) Ariana -?125,000; Grande -?375,000
B) Ariana -?140,000; Grande -?160,000
C) Ariana -?135,000; Grande -?165,000
D) Ariana -?172,500; Grande -?127,500

Reference no: EM132737762

Questions Cloud

Determine current strategies being used to address problem : The ASPH Public Health Case Studies Resource Center and determine the current strategies being used to address the problem,
Why are critical business processes : Name 4 items that you think would be included in a digital dashboard for ESPN or for Disney. Why are these critical business processes for them?
How much share premium is to be reported for the year : The subscribed shares were paid for on January 2, 2021. How much share premium is to be reported for the year ended, December 31, 2020?
Calculate the duration of the bond : The remaining principal and accrued interest are due at the end of the year. Calculate the duration of the bond, if the required yield is 25%
What the cash distribution to partners would be : Partnership amount to ?200,000, and all assets available are non-cash assets which were realized at ?500,000. The cash distribution to partners would be
Discuss your understanding of concept of internal validity : Discuss your understanding of the concept of internal validity in a research study, and the impacts of several errors or biases that can reduce the study's.
Prepare the memo requested by the Audit Partner : The content and titles of any additional paragraphs you believe should be included in the audit report. Prepare the memo requested by the Audit Partner
Promoting stakeholder capitalism : Environmental, Social and Governance (ESGs) issues are all important factors to consider in promoting stakeholder capitalism.
Find the second cash payment to any partner : Capital - ?95,000, Loans Receivable -?15,000, P&L Ratio - 5. The second cash payment to any partner/s under program of priorities shall be made thus

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