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Peter, Roberts, and Dana have the following capital balances; $80,000, $100,000 and $60,000, respectively. The partners share profits and losses 20%, 40%, and 40% respectively.
Roberts retires and is paid $160,000 based on an independent appraisal of the business. If the goodwill method is used, what is the capital balance of Peter?
Calculate the cash collected from customers for each firm, compute the quality of sales ratio for each firm.
q1.the controllers staff often consists of several management accountants. all of the following would most likely be on
Lifsey Wedding Fantasy Company makes very elaborate wedding cakes to order. The owner of the company has provided the following data concerning the activity rates in its activity-based costing system
What is the Future Value at year 8, of a $3,000 inflow at time zero (instantly), and a $1,000 outflow 6 years from now and a $4,000 inflow 7 years from now? Assume an interest rate of 10% for years 1, 2 and 3, 8% for years 4 and 5, and 15% for years ..
Laurey Inc. is working on its cash budget for May. The budgeted beginning cash balance is $43,000. Budgeted cash receipts total $124,000 and budgeted cash disbursements total $118,000. The desired ending cash balance is $67,500. To attain its desired..
Isaac only has $690 today but needs $800 to buy a new laptop. Explain how long will he have to wait to buy the laptop if he earns 5.4 percent compounded annually on his savings?
question bond issued 900000 of 8 on 31 they pay interest on 91 and mature in 10years case a 100 case b 92 case c 105
log transformation when points do not seem to follow a straight line.speculate what you think we might have to do for
X Company is considering buying a part next year that they currently make. This year's total production costs for 3,200 units of this part were: If production next year is expected to be 3,600 units, how much can X Company save by buying the part ins..
How would corporate management of Westpac determine the terms of the social contract? What would be the implications for a firm if it breached the terms of the contract? What were the mistakes referred to by Mr Hawker?
on the basis of the following data for seller co. for 2008 and the preceding year ended december 31 2007 preparenbspa
The truck is expected to last six years and has a salvage value of $2,200. The company's annual accounting period ends on December 31. What is the depreciation expense for the current year, assuming the straight-line method is used?
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