subject
Business, 05.05.2020 06:57 zykia1002

1. Liam, Michael and Noah own interests in the LMN Partnership. Their current capital account balances are as follows: Liam $250,000 Michael 300,000 Noah 200,000 2. Partnership income is shared in a 3:5:2 ratio. Olivia buys a 20% interest in the partnership by acquiring 20% of each existing partner's interest, paying the three partners a total of $175,000. Partnership identifiable net assets are currently reported at amounts approximating fair value. Using the transfer of capital interests approach, Olivia's initial capital balance after entering the partnership is: A. $175,000 B. $170,000 C. $215,000 D. $150,000

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 14:20, pr47723
It is week 1 and there are currently 20 as in stock. we need 300 as at the start of week 5. if there are scheduled receipts planned for week 3 and week 4 of 120 as each and a has a lead time of 1 week, when and how large of an order should be placed to meet the requirement of 300 as?
Answers: 3
image
Business, 22.06.2019 02:30, bri9263
The amberssen specialty company is a chain of twelve retail stores that sell a variety of imported gift items, gourmet chocolates, cheeses, and wines in the toronto area. amberssen has an is staff of three people who have created a simple but effective information system of networked point-of-sale registers at the stores and a centralized accounting system at the company head- quarters. harry hilman, the head of amberssens is group, has just received the following memo from bill amberssen, sales director (and son of amberssen’s founder). harry—it’s time amberssen specialty launched itself on the internet. many of our competitors are already there, selling to customers without the expense of a retail storefront, and we should be there too. i project that we could double or triple our annual revenues by selling our products on the internet. i’d like to have this ready by - giving, in time for the prime holiday gift-shopping season. bill after pondering this memo for several days, harry scheduled a meeting with bill so that he could clarify bill’s vision of this venture. using the standard con- tent of a system request as your guide, prepare a list of questions that harry needs to have answered about this project.
Answers: 1
image
Business, 22.06.2019 06:20, kingyogii
At a small store, a customer enters the front door on average every 8 minutes. a prior study indicated that the time between customers entering the front door during weekdays follows an exponential distribution. what is the probability that the time between customers entering the store on a weekday will be less than or equal to 7? select one: a. 62 b. 43 c. 1/8 d. 7/8 e. 58
Answers: 1
image
Business, 22.06.2019 07:00, Maria3737
For the past six years, the price of slippery rock stock has been increasing at a rate of 8.21 percent a year. currently, the stock is priced at $43.40 a share and has a required return of 11.65 percent. what is the dividend yield? 3.20 percent 2.75 percent 3.69 percent
Answers: 3
You know the right answer?
1. Liam, Michael and Noah own interests in the LMN Partnership. Their current capital account balanc...

Questions in other subjects:

Konu
Mathematics, 25.08.2019 20:10