subject
Business, 23.04.2020 16:51 epmeche05

The balance sheet of Morgan and Rockwell was as follows immediately prior to the partnership's liquidation: cash, $25,900; other assets, $147,000; liabilities, $38,800; Morgan, capital, $64,400; Rockwell, capital, $69,700. The other assets were sold for $133,800. Morgan and Rockwell share profits and losses in a 2:1 ratio. As a final cash distribution from the liquidation, Morgan will receive cash totaling

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:50
Suppose the price of frozen yogurt, a substitute for ice cream, increases. what happens to equilibrium price and quantity of ice cream? a. the price and quantity of ice cream both increase b. the price and quantity of ice cream both decrease c. the price of ice cream increases and the quantity decreases d. the price of ice cream decreases and the quantity increases
Answers: 3
question
Business, 22.06.2019 11:20
Camilo is a self-employed roofer. he reported a profit of $30,000 on his schedule c. he had other taxable income of $5,000. he paid $3,000 for hospitalization insurance. his self-employment tax was $4,656. he paid his former wife $4,000 in court-ordered alimony and $4,000 in child support. what is the amount camilo can deduct in arriving at adjusted gross income (agi)?
Answers: 2
question
Business, 22.06.2019 11:30
Mark knopf is an auditor who has been asked to provide an audit and financial statement certification for a company that is going public on the new york stock exchange. knopf wants to know his personal liability if the company provides him with inaccurate or false information. which of the following sources of law will him answer that question? a. the city ordinances where the company headquarters is located. b. the state constitution of the state where the company is incorporated. c. code of federal regulations. d. all of the above
Answers: 1
question
Business, 22.06.2019 20:30
When patey pontoons issued 4% bonds on january 1, 2018, with a face amount of $660,000, the market yield for bonds of similar risk and maturity was 5%. the bonds mature december 31, 2021 (4 years). interest is paid semiannually on june 30 and december 31?
Answers: 1
You know the right answer?
The balance sheet of Morgan and Rockwell was as follows immediately prior to the partnership's liqui...
Questions
question
History, 30.09.2019 20:50
question
Mathematics, 30.09.2019 20:50
question
Mathematics, 30.09.2019 20:50
Questions on the website: 13722367