Mario and Luigi each own half of a mushroom pizza parlor. They want to expand by purchasing a second brick oven for $30,000. They give Koopa Fund a 10% stake in the pizza parlor in exchange for the necessary capital. From this, we can infer that Luigi must have valued his stake in the business to be worth no more than x. What is x?

Q: Your niece, Sally, is a lemonade stand mogul. Her lemonade stand has been the most successful in…

A: The lemonade stand had cash flow last year (year 0) of $343. Cash flow has been growing steadily,…

Q: How much is the tax basis of the old car?

A: Donation is the amount of money or the property which has been received by the donee which has been…

Q: Frank Puleo bought 6,625 acres of land in ski country. He plans to subdivide the land into parcels…

A: Number of parcels = Total area / size of each parcel Number of parcels = 6625/13.25 Number of…

Q: Camila Juárez owns a successful law firm, her core business is corporate law, bu occasionally Camila…

A: The question is based on the concept of calculating modified Internal rate of return (MIRR) for an…

Q: n January 1 , Ryan and James decided to open a Peruvian chicken restaurant ( yum ! ) . Ryan…

A: Partnership : It is the agreement between the two or more person to carries the business with profit…

Q: Mr. Jones, the owner of a small service business, decided to give his personal truck to the business…

A: The following information given in the question: 1.  Decided to give his personal truck to the…

Q: Mr. Leody, a resident citizen, is working for a large real estate development company in the country…

A:

Q: 9. Gilmore agree to join with Raymond and set up an internet café. The following are the investments…

A: Partnership - It is the agreement among two or more persons who have decided to carry a business and…

Q: Answer the question based on what you have learned on a legal basis. Facts: You offered to sell your…

A: A perfectly contract is a contract which is formed where there is a valid offer by the offeror and…

Q: Baghiben

A: The objective of this question is to find the optimal rent that the owner should charge to maximize…

Q: John's Auto is a successful business that has a substantial profit each year.  The auto dealership…

A: As per the given information:

Q: Sarah is the owner of Sunshine Bakery. Sunshine Bakery produces 10,000 units of bread per year and…

A: Accounting profit is computed by deducting business expenses from revenue; whereas, economic profit…

Q: You are an accountant for the Davanzo Company. The president of the company calls you into her…

A: Explain the issues raised by the given situation.   From the financial reporting perspective there…

Q: A. Mohammad owned few real properties in Malaysia. The details of the transactions on the real…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Dave bought a Ford Mustang seven years ago for RM32,000. He has decided to sell it as he now needs a…

A: Rate of return refers to the minimum return that is being earned by the investors over the amount of…

Q: A pair of twins were given $20,000 on their birthday in 2020.  One twin purchased a car for $20,000…

A: When car is purchased then it is recorded as fixed asset and depreciation is charged every year on…

Q: Henry is saving his money to purchase ACE Engineering Company at a cost of $1,000,000.     He…

A: solution given Required amount (Future value ) 1000000 Current amount (present value )…

Q: Govinder instructs his employee Subash to bid on his behalf at a classic car auction for a 1956…

A: The answer for the practical question on the liability of an agent is discussed hereunder : The…

Q: Mrs. Wyatt owns a building used to run her business. Mrs. Wyatt sells the building for $500,000. The…

A: Mrs. Wyatt has engaged in a like-kind exchange, also known as a 1031 exchange, under Section 1031 of…

Q: arek receives 3000 euros as an inheritance, all the money is invested in starting a business. To be…

A: Journal Entry - Journal entry is the recording of business transaction in books of account, this is…

Q: 2. Part I: The eccentric billionaire Zaggy Zargawhoop considers building a new factory that will…

A: Marginal benefit can be defined as the additional benefit that a customer receives from purchasing…

Q: Explain which method you recommend they use and why. (a stock redemption buy-sell agreement or a…

A: Stock Redemption buy sell agreement : This agreement is also known as buy-out agreement or business…

Q: Suppose the Sammy has a Taco Truck. He has it equipped for making and selling tacos. His net income…

A: ROCE or Return on capital employed = [Net Income / Capital Employed] x 100net Income = $15,000…

Q: 5. In how many year are you going to pay the loan? 5 years 6. How much are you willing to pay…

A: There are some advantages of the partnership but there are some disadvantages also there because you…

Q: Aminah owns 1,000 shares of a firm that has just announced an increase in its dividend from $2.00 to…

A: Home made dividend  When dividend policy can be manipulated by the shareholders to suit their…

Q: Nikulbhai

A: The objective of this question is to find the optimal rent that the owner should charge to maximize…

Q: In four years of employment, John was able to save P250,000 after he had invested on purchasing a…

A: The stock market is a location where traders may purchase and sell equities,investors can invest in…

Q: There is a parcel of land next to the Playful Paws, Inc. building. Ellen, the owner of this…

A: It is the change in material amount of the assets or securities recorded at their initial cost. The…

Q: What are the advantages and disadvantages of changing the company organization from a sole…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Gary wants to save $555,000 in 5 years, he currently has $225,000 in an investment. Due to financial…

A: To find out the interest rate Gary needs to earn to achieve his goal, we can use the formula for…

Q: Your uncle is ready to retire and head for the hills, so he says to you: “Look, I own 500 shares of…

A: QSBS or Qualified small business stock refers to shares of qualified small businesses whose gross…

Q: Use the Optimistic, Conservative and Regrets payoff analysis approaches. State which product(s) Mr…

A: It has been mentioned that on each product a minimum amount of money to be invest is the $100,000…

Q: Randall operates his distribution business in several countries. He wants to move some equipment to…

A: Realized gain: If an asset is sold at a price which is higher  than the original purchase price,…

Q: Candice, who is a sole trader, drives a small van from which she sells ice cream and drinks. Candice…

A: Reporting Entity :  A Reporting Entity is an entity which is obliged to prepare financial statements…

Q: Ansel purchased raw land three years ago for $200,000 to hold as an investment. After watching the…

A: It is given that Ansel purchased a raw land as investment for $200,000 three ago now Ansel has…

Q: A owns a helicopter costing 1M. He lives in Manila. Later, he sold it (capital asset) for 1.8M with…

A: Capital assets mean the property like homes, vehicles, venture properties, stocks, bonds, and even…

Q: After Oliver Queen lost ownership of his company at Queen's consolidated, Mr. Queen no longer has…

A: Model A will take 12 years to surpass the cost of Model B that is 1 year of purchase cost and…

Q: Ted Riley owns a vehicle worth $38,000 and a home worth $340,000. He has a checking account balance…

A:

Q: A)Dan's real estate buys a 50,000 sq foot warehouse for $1,000,000. They financed the purchase with…

A: Company is earning regular profits from the operating activities conducted. The profit that remains…

Q: explain the impact of the transactions on their Statement of Financial Position:

A: Statement of Financial position is also called as balance sheet which reports the assets,…

Q: John asked for your help regarding his plant to invest in the Philippine Stock Exchange. Currently,…

A: Diversification: This is the concept of investing our funds or savings in different investment…

Q: In 2021 I bought 1/3 of ACO's Sushi House at BAM for 550,000TL. After 3 years I sold half of my…

A: Every investment is made for profit motive. Net benefit arise from the investment is called rate of…