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- Y:". f | %07 aAsiacell K/s نقطة واحدة If it is required to maintain fixed capitals, then the partners' shares of profits must be Debited to capital accounts Credited to capital accounts Credited to partners' current accounts Debited to partners' current accounts نقطة واحدة If we take goods for own use, we should Debit Purchases Account: Credit Drawings Account Debit Drawings Account: Credit Stock Account, Debit Sales Account: Credit Stock Account Debit Drawings Account, Credit Purchases AccountIncrease in the value of bills payable will be: a. Credited to partners' capital account b. Debited to partners' capital account c. Debited to revaluation account d. Credited to revaluation account *****FASTConsider the following projects: Cash Flows ($) Co Project D E -11, 100 -21, 100 C₁ 22, 200 34,500 Assume that the projects are mutually exclusive and that the opportunity cost of capital is 11%. a. Calculate the profitability index for each project. b-1. Calculate the profitability-index using the incremental cash flows. b-2. Which project should you choose?
- You are considering the following two mutually exclusive investments: Project Year 0 Year 1 Year 2 A -$80 0 $120 B -$40 $28 $28 Is the IRR of Project B larger or smaller than the IRR of Project A?Q2 Your investment client has been offered the following two mutually exclusive investments: Year Investment A Investment B 0 (400,000) (450,000) 1 75,000 60,000 2 75,000 60,000 3 100,000 125,000 4 100,000 125,000 5 100,000 125,000 6 140,000 125,000 (i) Calculate the Payback period and the…ADMISSION NEW PARTNER INVESTS PROBLEM B Acacia and Karla capital is P480,000 and P520,000. Profit share ratio is 4:6. Bubbles Invested P500,000 for a 30% Interest in the partnership. 3. What is the capital of Acacia after admitting Bubbles? a. 480,000 b. 500,000 c. 520,000 d. 550,000 4. What is the capital of Karla after admitting Bubbles? a. 480,000 b. 500,000 c. 520,000 d. 550,000 5. What is the capital of Bubbles after admission? a. 450,000 b. 500,000 c. 520,000 PROBLEM C d. 550,000 Partners All and Charish capital is P480,000 and P520,000. Their share profits and losses equally in their merchandising business. After admitting Blaire, they agreed to have a total capital of P2,500,000. The new partner invested P500,000 for a 30% interest in the business. 6. What is the capital of Ail and Charish after admitting Blaire? a. 500,000 and 750,000 b. 750,000 and 855,000 c. 855,000 and 895,000 d. 895,000 and 855,000 7. What is the capital of Blaire after admission? a. 500,000 b. 750,000 c.…
- 云 * 00 MALCOLMX mymasonportal.gmu.edu * Question Completion Status: O d. Limited Partnership QUESTION 4 What is the perceived exchange value in sport finance? a. Financial Management Ob. Financial Plan Budget Price QUESTION 5 What purpose does bundling serve to sport finance? Save All Answ Click Save and Submit to save and submit. Click Save All Answers to save all answers. DD F8 esc 63 F3 F4 F5 F1 F2 $ 4 i %23 2 n | 人 1 一 ger AProblem 6.a: A manufacturing firm is considering the mutually exclusive alternatives given in the table below. Determine the IRR on incremental investment (IRR of the difference). do not use % sign in your answer n 0 1 2 Net Cash Flow Project A1 - $4,000 2,600 2,800 Project A2 - $5,000 3,600 3,200Problem #4 Admission by Investment of Assets Resulta and Magpantay are partners sharing profits on a 60:40 ratio. A statement of financial position prepared for the partners on April 1, 2019 follows: Cash P 480,000 Accounts Payable P 890,000 1,330,000 Accounts Receivable 920,000 1,650,000 Resulta, Capital Inventories Magpantay, Capital 1,080,000 Equipment P700,000 Less: Accumulated Depreciation 450,000 250,000 P3,300,000 Total Assets Total Liabilities & Capital P3,300,000 On this date, the partners agreed to admit Tria as a partner. The terms of the agreement are summarized below: Assets and liabilities are to be restated as follows: a. An allowance for possible uncollectibles of P45,000 is to be established. b. Inventories are to be restated at their present replacement value of P1,700,000. C. Accrued expenses of P40,000 are to be recognized. Resulta, Magpantay and Tria will divide profits in the ratio of 5:3:2. Capital balances of the partners after the formation of the new…
- Which of the following statement is true? * IRR and discount rate all have the same meaning.... If BCR is less than zero, an investment to a conservation project is worthwhile.... Both of them are trueThe capital balances of the partners are presented to you before the retirement of Y: X, P40,000; Y, P35,000; Z, P25,000. P/L ratio, equally. After the retirement of Y, the capital balance of X was P42,000. How much was the cash settlement to Y? A. P31,000 B. P33,000 C. P37,000 D. P39,000ageNOWv2 | Online teachin x + keAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false еBook Show Me How E Calculator Black and Shannon have decided to form a partnership. They have agreed that Black is to invest $204,000 and that Shannon is to invest $68,000. Black is to devote one-half time to the business, and Shannon is to devote full time. The following plans for the division of income are being considered: a. Equal division. b. In the ratio of original investments. C. In the ratio of time devoted to the business. d. Interest of 6% on original investments and the remainder equally. e. Interest of 6% on original investments, salary allowances of $45,000 to Black and $75.000 to Shannon, and the remainder equally. f. Plan (e), except that Shannon is also to be allowed a bonus equal to 20% of the amount by which net income exceeds the total salary allowances. Required: For each plan, determine the division of the net income under each of the following…