subject
Business, 17.12.2019 03:31 pri38

Turner, roth, and lowe are partners who share income and loss in a 1: 4: 5 ratio (in percentages: turner, 10%; roth, 40%; and lowe, 50%). the partners decide to liquidate the partnership. immediately before liquidation, the partnership balance sheet shows total assets, $126,000; total liabilities, $78,000; turner, capital, $2,500; roth, capital, $14,000; and lowe, capital, $31,500. cash received from selling the assets was sufficient to repay all but $28,000 to the creditors. allocate the loss from part a to the partners.

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 16:00, ella3714
Three pounds of material a are required for each unit produced. the company has a policy of maintaining a stock of material a on hand at the end of each quarter equal to 30% of the next quarter's production needs for material a. a total of 35,000 pounds of material a are on hand to start the year. budgeted purchases of material a for the second quarter would be:
Answers: 1
image
Business, 22.06.2019 19:00, EllaSue
Lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal.
Answers: 3
image
Business, 23.06.2019 20:10, jbrooks4091
Adog whistle manufacturer's factory was located near a residential area. the manufacturer used the most effective methods for testing its whistles, but it was impossible to completely soundproof the testing area. a breeder of champion show dogs bought some property near the factory and raised and trained her dogs there. although the whistles were too high-pitched to be perceived by human ears, they could be heard by the breeder's dogs. consequently, the dogs often were in a constant state of agitation. in a suit by the breeder against the manufacturer, what is the likely outcome? response - correct a the breeder will prevail on a trespass theory, because the sound waves are entering onto the breeder's property. b the breeder will prevail on a nuisance theory, because the sound of the whistles is a substantial interference with the breeder's use of her land. c the breeder will not prevail, because the sound of the whistles is not a substantial interference with the breeder's use of her land. d the breeder will not prevail, because the manufacturer has acted reasonably in testing its whistles.
Answers: 3
image
Business, 23.06.2019 20:30, Casmereee
He provides a basis for creating the project schedule and performing earned value management for measuring and forecasting project performance.
Answers: 1
You know the right answer?
Turner, roth, and lowe are partners who share income and loss in a 1: 4: 5 ratio (in percentages: t...

Questions in other subjects: