During an OSHA inspection

The Allen, Bevell, and Carter partnership began the process of liquidation with the following balance sheet: Cash $ 25,000 Liabi

sleet_krkn [62]

The amount of the loss from the sale of non-cash assets that would have been allocated to Bevell is $45,000.

Data and Calculations:

Allen, Bevell, and Carter Partnership Balance Sheet

Cash $ 25,000 Liabilities $ 175,000

Noncash assets 500,000 Allen, capital 90,000

Bevell, capital 100,000

Carter, capital 160,000

Total $ 525,000 Total $ 525,000

Profit and Loss sharing ratio = 3:2:5

Proceeds from sale of assets = $275,000

Loss from sale of non-cash assets = $225,000 ($500,000 - $275,000)

Thus, the amount of the loss from the sale of non-cash assets that would have been allocated to Bevell is $45,000 ($225,000 x 2/10).

Learn more: brainly.com/question/17149203

7 0

2 years ago

Recently, people in the united states have started demanding more products from the united kingdom. What effect will this growin

lilavasa [31]

The pound will appreciate.

An appreciation means a growth in the cost of a currency in opposition to different foreign forex. An appreciation makes exports extra steeply priced and imports less expensive. An instance of an appreciation in the value of the Pound 2009 – 2012. Jan 2009 If £1 = €1.1.

Foreign money appreciation commonly reduces inflation due to the fact imports come to be inexpensive and the decreased prices lead to decreasing inflation. It makes imports extra appealing, causing the demand for neighborhood merchandise to fall. neighborhood organizations generally must reduce fees and boom productiveness as a way to stay competitive.

In 2021-22, the GBP-USD trade charge is forecast to understand with the aid of four.6%, with £1 returning US$1.3679 on common during the 12 months. on the time of guide, the BoE day-by-day spot exchange charge was £1 same to US$1.3404 on 02 March 2022.

Learn more about money appreciation here: brainly.com/question/1833440

#SPJ4

7 0

2 years ago

On January 1, 2021, Princess Corporation leased equipment to King Company. The lease term is 11 years. The first payment of $700

nika2105 [10]

Answer: $403,221.67

Explanation:

Interest revenue in 2022 = Value of Lease payments in 2022 * Interest rate

Value of lease payments after first payment :

= 5,001,197 - 700,000

= $4,301,197

Value of lease payments after second payment in 2022:

= Value of lease payment after first payment + Interest revenue - lease payment

= 4,310,197 + (4,310,197 * 10%) - 700,000

= $4,032,216.70

Interest revenue in 2022 = 4,032,216.70 * 10%

= $403,221.67

5 0

3 years ago

Who owns the alcoholic beverages of a private club answer?

Helen [10]

The owner of the club is the person who owns the alcoholic beverages of a private club.

Further Explanation:

Private club:

A club is any sort of gathering that has individuals who meet for a social, scholarly, or political reason, for example, fitness centers, nation clubs, book clubs, and ladies' affiliations.

private clubs discriminate:

In this manner, while it is unlawful to segregate based on race or national beginning in lodgings, cafés, theaters, open transportation and open stops, the Federal social liberties laws don't make it unlawful for genuine exclusive hangouts and religious associations to separate on whatever premise they pick.

Private clubs of alcohol:

Like everything else about exclusive hangouts, the particular laws change in each state and district. Normally, just the part can pay for the liquor and the drink can't be expelled from the premises. A few zones with exacting liquor laws may permit an alternate sort of exclusive hangout.

private club guests pay for alcohol:

The holder of a Private Club Registration Permit (N) is approved to serve mixed refreshments to its individuals and their guest(s) for utilization on the authorized premises. Just individuals may pay for the administration of a mixed refreshment.

Subject: business

Level: High School

Keywords: Private club, private clubs discriminate, Private clubs of alcohol, private club guests pay for alcohol.

Related links:

Learn more about evolution on

brainly.com/question/10390936

brainly.com/question/1166113

8 0

3 years ago

Read 2 more answers

Home equity is __________

Wittaler [7]