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solmaris [256]
3 years ago
14

17. Lear is to become a partner in the WS partnership by paying $80,000 in cash to the business. At present, the capital balance

for Hamlet is $70,000 and for MacBeth is $40,000. Hamlet and MacBeth share profits on a 7:3 basis. Lear is acquiring 40 percent of the new partnership. a. If the goodwill method is applied, what will the three capital balances be following the payment by Lear? b. If the bonus method is applied, what will the three capital balances be following the payment by Lear?

Business
1 answer:
Vedmedyk [2.9K]3 years ago
3 0

Answer:

Please see attachment

Explanation:

Please see attachment

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One month into a three-month lead generation campaign, it becomes clear your current plan to reach your goal of ten marketing qu
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Explanation:

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The Beef Council promoted a series of ads in which the tagline was "Beef—it's what's for dinner." The purpose of these ads was t
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3 years ago
choose ONE of the following home-based activities in which family members can work together as a unit and explain TWO ways in wh
enyata [817]

While parents, family, and community members may assume specific roles as they become involved in the education of children, for example as volunteers in the classroom (see Epstein and Connors' typology, 1993), a synthesis of the literature reveals three overarching roles that are created in the development and implementation of parent and community involvement programs (Lyons, Robbins and Smith, l983; Lynn, l994). Each of these roles is actualized in very different ways in relationships in classrooms, schools, and school districts:

Parents as the primary resource in the education of their children is best exemplified in home learning. Home learning is the activity, or set of activities, that parents and family members may engage in to help their children succeed academically. This partnership role between parents and/or family members and schools may have the greatest impact on achievement.

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Parents and community members as participants in the education of all children incorporates a broader vision in the partnership between schools and the populations they serve. Districtwide programs provide the vehicle for parents and community members to be involved in roles that reach beyond the immediate impact of an individual child to the impact on all children in the district.

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2 years ago
ASSUME that in 25 years you will need $500,000 for your retirement (i.e. retirement is actually 25 years away, and you want to h
lara [203]

Answer:

The correct answer is:

$73,009 (a.)

Explanation:

Future value is the accumulated compounded interest on a certain amount (present value) invested over a specified period of time.

To calculate the future value or present value, the nominal annual interest, the duration of investment and the present value or future value respectively must be known. The relationship is shown mathematically as:

FV=PV(1 + i)^{n}

or PV = \frac{FV}{(1 + i)^n}

where FV = Future value

PV = present value

i = nominal interest rate in percentage

n = number of compounding period

note: nominal interest rate is interest rate before inflation adjustments or interest rate before the effect of compounding

In this question, we are to determine the present value (PV), because the future value after 25 years is set as $500,000.

∴ PV = \frac{FV}{(1 + i)^n}

\\ PV = \frac{500,000}{(1 + 0.08)^2^5} = \frac{500,000}{6.8485} = 73,008.7

= $73,009 (to the nearest dollars)

7 0
3 years ago
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