Answer:
False
Explanation:
Usually distributions reduce a partner's outside basis in a partnership, they are generally not considered income. Since most distributions are not considered income, they do not result in gains for the partner. Some distributions may result in gains, such as certain cash distributions or securities (bonds) distributions. It is uncommon for a gain to result from property being distributed.
Answer:
you would need 68000 of the coupon bonds to issue to raise the $68 million.
Explanation:
price of the coupon bond = $1000
number of coupon bond = $68 million/1000
= 68000
Therefore, you would need 68000 of the coupon bonds to issue to raise the $68 million.
Answer:
The quarterly deposit required is $980.69
Explanation:
Giving the following information:
I will assume that the retirement age is 65 years.
First, we need to calculate the future value required one year after retirement.
FV= 40,000*20= $800,000
Number of years= 66 - 30= 36 years*4= 144
Interest rate= 0.08/4= 0.02
Now, to calculate the quarterly deposit required, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= quarterly deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (800,000*0.02) / [(1.02^144)-1]
A= $980.69
Answer:
The net cash movement is -$19 million, this means that the firm is facing liquidity challenges.
Explanation:
Movement of Cash during the year :
Net cash flow from operating activities -$89 million
Net cash flow from investing activities $42 million
Net cash flow from financing activities $28 million
Movement during the year -$19 million
Conclusion,
The net cash movement is -$19 million, this means that the firm is facing liquidity challenges.
Answer:
a. flow of costs.
Explanation:
job order costing system is used mainy by companies that make small quantities of distinct products or performs unique services that sticks to specifications as design by the purchaser.