subject
Business, 29.10.2020 18:00 Circe5925

Ames and Barton are partners who share income in the ratio of 1:2 and have capital balances of $46,000 and $74,000, respectively, at the time they decide to terminate the partnership. After all noncash assets are sold and all liabilities are paid, there is a cash balance of $84,000. What amount of loss on realization should be allocated to Barton?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 17:00
The typical consumer's food basket in the base year 2015 is as follows: 30 chickens at $4 each 10 hams at $5 each 10 steaks at $8 each a chicken feed shortage causes the price of chickens to rise to $5.00 each in the year 2016. hams rise to $7.00 each, and the price of steaks is unchanged. a. calculate the change in the "cost-of-eating" index between 2015 and 2016. year cost of the basket 2015 $ 2016 $ instructions: enter your responses rounded to one decimal place. the official cost-of-eating index has by %. b. suppose that consumers are completely indifferent between two chickens and one ham. for this example, how large is the substitution bias in the official "cost-of-eating" index? the in the cost-of-eating index is %. the of inflation in the cost of eating reflects substitution bias.
Answers: 3
question
Business, 21.06.2019 20:00
The maximum tax rate on estates and gifts
Answers: 1
question
Business, 21.06.2019 21:30
You invest all the money you earned during your summer sales job (a total of $45,000) into the stock of a company that produces fat and carb-free cheetos. the company stock is expected to earn a 14% annual return; however, 5 years later it is only worth $20,000. turns out there wasn't as much demand for fat and carb-free cheetos as you had hoped. what is the annual rate of return on your investment?
Answers: 1
question
Business, 22.06.2019 15:40
Rachel died in 2014 and her executor is finalizing her estate tax return. the executor has determined that rachel’s adjusted gross estate is $10,120,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. using 2014 rates, calculate the estate tax liability for rachel’s estate.
Answers: 1
You know the right answer?
Ames and Barton are partners who share income in the ratio of 1:2 and have capital balances of $46,0...
Questions
question
Spanish, 21.01.2021 21:10
question
Computers and Technology, 21.01.2021 21:10
Questions on the website: 13722363