An economy where the government sets prices, determines what and how many items will be produced, and assigns

When two proprietors decide to combine their businesses and form a partnership, gaap usually requires that noncash assets be tak

Tcecarenko [31]

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

8 0

3 years ago

The assets of Dallas & Associates consist entirely of current assets and net plant and equipment, and the firm has no excess

OlgaM077 [116]

Answer:

Explanation:

1.Total Debt = Total Assets – Total Equity = 2,700,000 – 1,550,000

= $1,150,000

2.Total assets = Total liabilities +Total equity = $2,700,000

3.Current Assets = Total Assets – Plant and Equipment = 2,700,000-2,300,000 = 400,000

4.Current Liabilities = Total Liabilities – Long term debt = 1,150,000 – 748,000 = $402000

5.Accounts payables and accruals = current liabilities – notes payables

= 402000 – 150,000 = $252000

6.Working capital = Current Assets – Current Liabilities = 400,000-402,000

= -2000

7.Net operating working capital = Current assets – Accounts payables and accruals = 400,000 – 252,000 = 148,000

8.Difference = -2,000-148,000 = -150,000 (indicates note payable)

Recalculation with new information:

1.Total Debt = Total Assets – Total Equity = 4,000,000 – 2,000,000 -500,000 =

= $1,500,000

2.Total assets = Total liabilities +Total equity = $4,000,000

3.Current Assets = Total Assets – Plant and Equipment = 4,000,000-3,000,000 = $1,000,000

4.Current Liabilities = Total Liabilities – Long term debt = 1,500,000 – 950,000 = $550000

5.Accounts payables and accruals = current liabilities – notes payables

= 550,000 – 150,000 = $400,000

7 0

3 years ago

Easy points

Alex777 [14]

Answer:

Genshin Impact is 2.1 billion only for play store

Fate of grand order 3 billion now it's over 4 billion at the date of 2020

5 0

2 years ago

Read 2 more answers

Return on shareholders' equity indicates the percent of corporate earnings for each dollar of total equity invested in the corpo

ANTONII [103]

Answer:

market value of common stock.

Explanation:

The formula for earnings-price ratio is as follow

Earnings-price ratio = Earning Per share / Market value per share

This ratio determines the percentage of earnings as compared to each dollar of equity investment.

In this ratio, the equity investment is the market value of the share.

Hence the correct option is "market value of common stock."

6 0

3 years ago

Human milk provides approximately _____ percent of kilocalories from fat. 30 40 50 60

Luden [163]

The answer to this question is that human milk provides approximately 60 percent of kilocalories from fat. Human milk or breast milk gives a lot of benefits to the mother and the new born baby. Breastfeeding gives a high connection to the baby and the risk of having infections and resistance from sickness like flu and colds of a breastfeed baby is another benefit of drinking human milk.

7 0

3 years ago