Business, 11.09.2019 05:30 ineedhelp2285

In the ad partnership, allen's capital is $140,000 and daniel's is $40,000 and they share income in a 3: 1 ratio, respectively. they decide to admit david to the partnership. each of the following questions is independent of the others.
refer to the information provided above. david invests $40,000 for a one-fifth interest in the total capital of $220,000. what are the capital balances of allen and daniel after david is admitted into the partnership?
allen daniel
a) 16 6
b) 136000 36000
c) 14 4
d) 137000 39000
a. option a
b. option b
c. option c
d. option d

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 22:00

Miami incorporated estimates that its retained earnings break point (bpre) is $21 million, and its wacc is 13.40 percent if common equity comes from retained earnings. however, if the company issues new stock to raise new common equity, it estimates that its wacc will rise to 13.88 percent. the company is considering the following investment projects: project size irr a $4 million 14.00% b 5 million 15.10 c 4 million 16.20 d 6 million 14.20 e 1 million 13.42 f 6 million 13.75 what is the firm's optimal capital budget?

Answers: 3

Answer

Business, 23.06.2019 00:00

Match each economic concept with the scenarios that illustrates it

Answers: 2

Answer

Business, 23.06.2019 01:10

Hillside issues $4,000,000 of 6%, 15-year bonds dated january 1, 2016, that pay interest semiannually on june 30 and december 31. the bonds are issued at a price of $4,895,980. required: 1. prepare the january 1, 2016, journal entry to record the bonds’ issuance

Answers: 3

Answer

Business, 23.06.2019 01:30

What is a market? a. a system that allows people or companies to buy and sell products and services b. the number of companies willing to manufacture a specific product c. the ability to buy production materials in large quantities and save on costs d. a product's ability to satisfy a consumer

Answers: 2

Answer

You know the right answer?

In the ad partnership, allen's capital is $140,000 and daniel's is $40,000 and they share income in...

Questions