Answer:
$2,000
Explanation:
the gain or loss on disposal is
Answer:
$78,000
Explanation:
The computation of interest at year end is shown below:-
Interest at year end = Cash contribution + Income of partnership + Share of partnership liabilities - Cash from the partnership
= $50,000 + $20,000 × 50% + $60,000 × 50% - $12,000
= $90,000 + $10,000 + $30,000 - $12,000
= $78,000
Therefore for computing the partnership interest at year end we simply applied the above formula by considering all the items given in the question
Answer:
Explanation:
Horizontal analysis is comparing financial statistics or data over a period of time. it is also known as trend analysis.
Vertical analysis compares line items within the same period.
I hope my answer helps you
One of the essential product that will be affected by an increase in fuel which is very important even to the poorest of the poor is : Food Products.
If the price of fuel increased, the distribution cost for the food products is likely to be increased, which will affect the cost per product of all food Products, which will affect even the poorest of the poor
Answer:
The future value of these cash flows at the end of year 4 is $71,885.80
Explanation:
In order to calculate the future value of these cash flows at the end of year 4 we would have to use the following formula:
n
∑
FV = i=1 [CFi * (1 + r)(n - i)]
FV = [$11,800 * (1 + 0.10)∧(4-1)] + [$14,000 * (1 + 0.10)∧(4-2)] + [$18,200 * (1 + 0.10)(4-3)] + [$19,000 * (1 + 0.10)(4-4)]
FV = $15,705.80 + $16,940 + $20,020 + $19,000
FV=$71,665.80
The future value of these cash flows at the end of year 4 is $71,885.80