When proprietors decide to combine their business and form a partnership, gaap usually requires that non cash assets be taken over at : C. fair market vale
The data will be used to calculate the percentages of ownership of each combined companies
hope this helps
Answer:
Inflationary clauses in your insurance policy allow for the rising costs of building and associated labor. The cost of building materials such as wood, metal and cement increases each year. Likewise, if the cost of replacing your home increases, chances are your insurance costs will also increase. While that may be good news if you experience a loss, it'll be reflected in your monthly or yearly insurance premiums.
Explanation:
Answer:
Value of equity = 9,000 x $26.80 = $241,200
Value of debt issued = $39.932
Value of equity after debt repayment = $241,200 - $39,932
= $201,268
No of equity outstanding after debt repayment = <u>$201,268</u>
$26.80
= 7,510 shares
Explanation:
In this regard, there is need to determine the value of equity after debt repayment, which is value of equity minus value of debt repaid. Then,we will divide the value of equity after debt repayment by the value of equity per share. This gives the number of shares outstanding after debt repayment.
Answer:
No option is correct:
- A. Larry offers Curly 1 ping-pong ball for 1/4 of a hat.
- B. Curly offers Larry 1 hat for 3 ping-pong balls.
- C. Curly offers Larry 1 hat for 4 ping-pong balls.
- D. Larry offers Curly 1 ping-pong ball for 1/3 hat.
In order for Curly to win and Larry lose, Curly must offer 1 hat in exchange for 6 or more ping-pong balls.
- Option A: Larry wins 1 ping-pong ball.
- Option B: Larry wins 2 ping-pong balls.
- Option C: Larry wins 3 ping-pong balls.
- Option D: Larry wins 0.13 of a hat.
Explanation:
Opportunity costs are the benefits lost or extra costs associated to choosing one investment or activity over another alternative.
In this case, Larry can either have 1 hat or 5 ping-pong balls. Curly can have 1 hat or 2 ping-pong balls.