User Account

All Pages

What is the share of taylor and swift

Assignment Help Accounting Basics
Reference no: EM132737796

Problem 1: On March 31, 2020, TAYLOR and SWIFT contributed cash of ?100,000 and ?75,000, respectively. They agreed that profit will be distributed equally. During the year, the business had a net loss of ? 50,000. What is the share of Taylor and Swift, respectively in the net loss?

A) no share is to be given because it's a loss
B) ? (18,750) and (18,750)
C) ? (25,000) and (25,000)
D) ? (28,571) and (21,429)

Reference no: EM132737796

Questions Cloud

How much should perry contribute to the partnership : How much should Perry contribute to the partnership? KATY, a sole proprietor wanted to expand her profitable business but she does not have enough
How china culture impacts the ethical reasoning : Question: How China's culture impacts the ethical reasoning of its people and how China's ethical reasoning might disrupt global business.
How much is total assets of the partnership after formation : How much is the total assets of the partnership after the formation? KATY, a sole proprietor wanted to expand her profitable business
What is amazon company doing with social media : What is your perspective on the use of Social Media and Digital Technologies in Business?
What is the share of taylor and swift : On March 31, 2020, During the year, the business had a net loss of ? 50,000. What is the share of Taylor and Swift, respectively in the net loss?
Implemented a crm system internally : Why is customer service being viewed as the key leverage point for marketing these days?
How the content of the paper could be converted : Using your research paper, write an extended outline of how the content of the paper could be converted into an oral presentation.
How do estimate what the ending inventory is : Goods available for sale is ? 1,100,000; beginning inventory is ?100,000; purchases is ?1,000,000; and sales is ?1,000,000. The ending inventory is?
Influenced our relations and actions with other nations : How has our ideology (United States) and world view influenced our relations and actions with other nations?

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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