According to the profit and loss the partnership is liquidated, and the final distribution of partnership cash is made to the partners.
When a partnership is liquidated, how is the final distribution of partnership cash made to the partners? Which of the subsequent statements is actually concerning the accounting for a partnership going via liquidation? within a liquidation, all gains and losses are divided equally among some of the partners.
The partnership comes to a decision to liquidate, the property of the partnership is sold, liabilities are paid off, and any remaining coins are sent to the companions according to their capital account balances.
Liquidating distributions (coins or noncash) are a form of a return of capital. Any liquidating distribution you receive isn't always taxable to you until you recover the basis of your inventory. After the idea of your stock is reduced to zero, you ought to document the liquidating distribution as a capital advantage.
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Answer:
The correct answer is c. enforceable as a private law.
Explanation:
Within a lease agreement, obligations are generated for both contractors. The owner of the property gives the right to enjoy it and this gives rise to a series of indispensable obligations for the preservation of the interests of the owner.
One of the obligations of the lessor is to keep the leased thing in good condition, to fulfill this obligation it is up to him to make the necessary repairs, because the tenants generally correspond to the lessee. But, the landlord has restrictions when performing such repairs.
Answer: $325,592
Explanation:
Selling price of bond = Present value of coupon payments + Present value of Par value
No. of periods = 5 * 2 = 10 semi annual periods
Coupon payments = 300,000 * 8% * 1/2 = $12,000
Periodic interest = 6% / 2 = 3% per period
Selling price = (12,000 * Present value of annuity factor, 10 periods, 3%) + (300,000 * Present value of single sum, 10 periods, 3%)
= (12,000 * 8.5302) + (300,000 * 0.7441)
= $325,592
Explanation:
There are different types of businesses to choose from when forming a company, each with its own legal structure and rules. Typically, there are four main types of businesses: Sole Proprietorships, Partnerships, Limited Liability Companies (LLC), and Corporations. Before creating a business, entrepreneurs should carefully consider which type of business structure is best suited to their enterprise.
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Answer:
$10,500
Explanation:
Cost of equity = risk free rate+beta*(expected return on market - risk free rate)
Now beta is taken as 0,
risk free rate = 6% and market return = 20% (assumed).
cost of equity as calculated by you = 6%+0*(20%-6%) = 6%. value of firm = perpetual cash flow/cost of equity = $900/0.06 = $15,000
However, beta is 1, so actual cost of equity will be = 6%+1*(20%-6%) = 6%+14% = 20%
So, value of firm, actually, will be = 900/0.2 = $4,500.
So the amount that you will be paying more = value calculated with 0 beta - value calculated with 1 beta
= 15,000 - 4,500 = $10,500.
