What the total amount of the partnership non-cash assets

Assignment Help Financial Accounting
Reference no: EM132713265

Problem 1: If the partnership's cash is ?25,000, the net assets are ?250,000, and the total claim of outside creditors is ?200,000, the total amount of the partnership's non-cash assets would be

a. ?525,000

b. ?275,000

c. ?425,000

d. ?325,000

Reference no: EM132713265

Questions Cloud

How many tons of paper will be produced per year : Assuming that paper is sold in a competitive market, what is the market price? How many tons of paper will be produced per year at that price?
Compute the capital balances of the partners after admission : Compute the capital balances of the partners after the admission of Chris. The partnership assets and liabilities have book values equal to their fair values.
SPD1088 English for Academic Studies Assignment : SPD1088 English for Academic Studies Assignment Help and Solution, The Hong Kong Polytechnic University - Assessment Writing Service
What amount of aaron and adam contribution would be : What amount of Aaron and Adam's contribution would be? Aaron, Amos, and Adam are to contribute cash at an agreed capital contribution of 1/5
What the total amount of the partnership non-cash assets : The net assets are ?250,000, and the total claim of outside creditors is ?200,000, the total amount of the partnership's non-cash assets would be
Calculate the company economic profit : Calculate the company's economic profit. Interest paid during the year was $240,000 and the weighted average cost of capital is 8%
What is abc return on equity before the change : If ABC changes its capital structure (recapitalizes) to include 40% debt, what is ABC's return on equity (ROE) before and after the change?
Develop the research topic about impact of modern technology : What do you think would be the problematic issues nowadays that lead us to develop the research topic about the Impact of Modern Technology
How do the tax-exempt securities used to pay for building : Find How do the tax-exempt securities used to pay for the building compare in risk to a conventional municipal bond issued by Traverse County?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd