What is the amount of the safe payment to partner x

Assignment Help Accounting Basics

Reference no: EM131967419

Problem

The XY partnership is undergoing an installment liquidation. X and Y share income equally, and have current capital balances of $30,000 and $60,000, respectively. $20,000 in cash is available for distribution. Assuming all liabilities have been paid, what is the amount of the safe payment to partner X?

Reference no: EM131967419

Questions Cloud

Determine what kuhn companys wacc will be for this project : Kuhn has noncallable bonds outstanding that mature in 15 years with a face value of $1,000, an annual coupon rate of 11%, and a market price of $1,555.38.

Prepare the journal entry to record the impairment : Assume that Rohan used the double-declining balance method of depreciation, prepare the journal entry (if any) to record the impairment at December 31, 2010.

How much are the monthly payments : A debt of $250,000 is due in 5 years. If payments made are monthly (at the beginning of each month), how much are the monthly payments if interest is at 6%?

What is the koses weighted average cost of capital : What is the Kose's weighted average cost of capital? Use the book value of debt and the market value equity for your weights?

What is the amount of the safe payment to partner x : The XY partnership is undergoing an installment liquidation. Assuming all liabilities have been paid, what is the amount of the safe payment to partner X?

Grow at an annual rate : Sarif currently reinvests 28% of its earnings each year and its dividends are expected to grow at an annual rate of 5% in perpetuity.

Compute the actual return on plan assets : Compute the actual return on plan assets in 2014. Compute asset gain or loss and indicate how the gain or loss would be reported.

What should be the price of a share of weyland yutani : The firm's shareholders have a required rate of return of 14.2% and its dividends are forecast to grow at 5.43% forever. What should be the price of a share

What should be the price of a share : What should be the price of a share if it paid $1.75 in dividends in the last financial year, its dividend growth rate is 4%, and the required rate of return.

User Account

All Pages