A partnership is liquidating their business. The partner's have shared any profits and losses equally. The partnership has the following Balance Sheet: Cash 5,000 Accounts Payable 8,000 Equipment 10,000 Grayson, Capital 3,000 Stella, Capital 4,000 Total 15,000 15,000 After selling the equipment for $14,000 cash, allocating all profits or losses, and paying the liabilities, how much cash would be given to Stella in the final distribution of cash

In a macroeconomic context, what are implicit liabilities? money owed to people possessing government issued bonds. the amount of money that firms collectively owe to shareholders. money that the government has promised to pay in the future. payments that the federal government undertakes only during periods of recession. which of the choices is a significant implicit liability in the united states? military spending education spending national science foundation spending social security

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Beranek corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. the new cfo wants to employ enough debt to raise the debt/assets ratio to 40%, using the proceeds from borrowing to buy back common stock at its book value. how much must the firm borrow to achieve the target debt ratio? a. $273,600b. $288,000c. $302,400d. $317,520e. $333,396