Reference no: EM131386065
Draw up a profit and loss appropriation account for Cole, Knox and Lamb for the year ending 31 December 2017, and a statement of financial position extract at that date, from the following:
(i) Net profits £184,800.
(ii) Interest to be charged on capitals: Cole £3,600; Knox £2,700; Lamb £2,100.
(iii) Interest to be charged on drawings: Cole £1,200; Knox £900; Lamb £500.
(iv) Salaries to be credited: Knox £22,000; Lamb £28,000.
(v) Profits to be shared: Cole 55 per cent; Knox 25 per cent; Lamb 20 per cent.
(vi) Current accounts: Cole £18,000; Knox £8,000; Lamb £6,000.
(vii) Capital accounts: Cole £60,000; Knox £45,000; Lamb £35,000.
(viii) Drawings: Cole £27,000; Knox £23,000; Lamb £17,000.
Determine the best combination of debt and equity
: Fin419- However, at each level of debt, debt becomes more expensive, and the riskiness of the equity also rises with more and more debt. Using a spreadsheet, determine the best combination of debt and equity for Austin Enterprises if
|
Draw up a profit and loss appropriation account
: Draw up a profit and loss appropriation account for the year ending 31 December 2017 and statement of financial position extract at that date.
|
Implement an uml to java code
: Need to implement an UML to java code. Choose one of the two UML's and just implement. You are to implement someone else's design, namely, the design that you ranked first (although you are allowed to change your mind at any point if you wish)
|
Fill in the rest of the timing diagram
: At time T, the switch is moved from position 1 to position 2 (down). Fill in the rest of the timing diagram with the logic values of the signals at points A, B, C, and D in the given circuit.
|
Draw up a profit and loss appropriation account for cole
: Draw up a profit and loss appropriation account for Cole, Knox and Lamb for the year ending 31 December 2017, and a statement of financial position extract at that date.
|
In partnership accounts why is interest allowed on capital
: Why in many partnerships are current accounts prepared as well as capital accounts?- At 1 January 2016 Penrose had a debit balance in his current account. What does this mean?
|
Find the two-level minimized sum-of-products forms
: Briefly compare the implementation complexities in terms of gates and literals. For each function, which achieves the "simplest" implementation.
|
How does an increase in fiscal policy affect consumers
: 1. How does an increase in fiscal policy affect consumers' ability to purchase the iPhone 6 plus? 2. How does a decrease in fiscal policy affect consumers' ability to purchase the iPhone 6 plus?
|
Prepare a set of explanatory notes
: Prepare a set of explanatory notes, under suitable headings, of the considerations which the prospective partners should take into account in arriving at their decisions at the next meeting.
|