Business, 31.10.2019 06:31 zmerriweather167
Wheaton, davis, and singer formed a partnership with wheaton contributing $60,000. davis contributing $50,000 and singer contributing $40,000. their partnership agreement called for the income (loss) division to be based on the ratio of capital investments. if the partnership has income of $75,000 for its first year of operation, what amount of income (rounded to the nearest thousand) would be credited to wheaton's capital account? $20,000 $25,000 $30,000 $40,000 $75,000.
Answers: 2
Business, 21.06.2019 13:00, kylie252
Terry, a self-employed laboratory consultant specializing in white mice, attended a convention in paris concerning the care and feeding of white mice. the convention was held in paris since most of the white mice specialists in the world are located in france. terry's expenses were $1,600 for airfare, $400 for food, and $400 for lodging. terry spent 5 days at the convention and 3 days visiting friends. how much can she deduct for the trip?
Answers: 1
Business, 21.06.2019 22:30, izzybellee20004
Before contacting the news or print media about your business, what must you come up with first ? a. a media expertb. a big budgetc. a track recordd. a story angle
Answers: 1
Business, 22.06.2019 01:00, taee67
Paar corporation bought 100 percent of kimmel, inc., on january 1, 2012. on that date, paar’s equipment (10-year life) has a book value of $420,000 but a fair value of $520,000. kimmel has equipment (10-year life) with a book value of $272,000 but a fair value of $400,000. paar uses the equity method to record its investment in kimmel. on december 31, 2014, paar has equipment with a book value of $294,000 but a fair value of $445,200. kimmel has equipment with a book value of $190,400 but a fair value of $357,000. the consolidated balance for the equipment account as of december 31, 2014 is $574,000. what would be the impact on consolidated balance for the equipment account as of december 31, 2014 if the parent had applied the initial value method rather than the equity method? the balance in the consolidated equipment account cannot be determined for the initial value method using the information given. the consolidated equipment account would have a higher reported balance. the consolidated equipment account would have a lower reported balance. no effect: the method the parent uses is for internal reporting purposes only and has no impact on consolidated totals.
Answers: 2
Wheaton, davis, and singer formed a partnership with wheaton contributing $60,000. davis contributin...
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