Business, 19.07.2019 21:30 DepressionCentral
Gonda, herron, and morse is considering possible liquidation because partner morse is personally insolvent. the partners have the following capital account balances: $60,000, $70,000, and $40,000, respectively, and share profits and losses 30%, 45%, and 25%, respectively. the partnership has $200,000 in noncash assets that can be sold for $150,000. the partnership has $10,000 cash on hand, and $40,000 in liabilities. what is the minimum that partner morse’s creditors would receive if they have filed a claim for $50,000?
Answers: 2
Business, 22.06.2019 02:30
Ds unlimited has the following transactions during august. august 6 purchases 58 handheld game devices on account from gamegirl, inc., for $140 each, terms 2/10, n/60. august 7 pays $340 to sure shipping for freight charges associated with the august 6 purchase. august 10 returns to gamegirl three game devices that were defective. august 14 pays the full amount due to gamegirl. august 23 sells 38 game devices purchased on august 6 for $160 each to customers on account. the total cost of the 38 game devices sold is $5,448.51. required: record the transactions of ds unlimited, assuming the company uses a perpetual inventory system. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. round your answers to 2 decimal places.)
Answers: 2
Business, 22.06.2019 09:30
Any point on a country's production possibilities frontier represents a combination of two goods that an economy:
Answers: 3
Business, 22.06.2019 09:50
phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)
Answers: 3
Gonda, herron, and morse is considering possible liquidation because partner morse is personally ins...
Mathematics, 17.11.2020 21:10
Social Studies, 17.11.2020 21:10
Mathematics, 17.11.2020 21:10
Mathematics, 17.11.2020 21:10
Social Studies, 17.11.2020 21:10
Mathematics, 17.11.2020 21:10
Social Studies, 17.11.2020 21:10
Mathematics, 17.11.2020 21:10
Mathematics, 17.11.2020 21:10
Chemistry, 17.11.2020 21:10
Mathematics, 17.11.2020 21:10
Mathematics, 17.11.2020 21:10
World Languages, 17.11.2020 21:10