Questions 7 through 9 are based on the following: A, B and C have capital balances of P112,000, P130,000 and v58,000, respectively, and share profit in the ratio 3:2:1. D invest cash in the partnership for a one-fourth interest. 7. Assume D receives a one-fourth interest in the assets of the partnership, which includes credit for P25,000 of goodwill that is recognized upon admission. How much cash D invest? a. P100,000 b. $75,000 c. P125,000 d. P50,000 8. Assume D receives a one-fourth interest in the assets of the partnership and D is credited with P20,000 of the bonus from the old partners that is recognized upon D's admission. How much cash D invest? a. P73,333 b. P100,000 c. P93,333 d. P80,000 9. Assume D receives a one-fourth interest in the assets of the partnership and B is credited with $15,000 of the bonus from D, how much cash D invest? d. c. b. a. P115,000 b. P105,000 c. P160,000 d. P120,000

Questions 7 through 9 are based on the following: A, B and C have capital balances of P112,000, P130,000 and v58,000, respectively, and share profit in the ratio 3:2:1. D invest cash in the partnership for a one-fourth interest. 7. Assume D receives a one-fourth interest in the assets of the partnership, which includes credit for P25,000 of goodwill that is recognized upon admission. How much cash D invest? a. P100,000 b. $75,000 c. P125,000 d. P50,000 8. Assume D receives a one-fourth interest in the assets of the partnership and D is credited with P20,000 of the bonus from the old partners that is recognized upon D's admission. How much cash D invest? a. P73,333 b. P100,000 c. P93,333 d. P80,000 9. Assume D receives a one-fourth interest in the assets of the partnership and B is credited with $15,000 of the bonus from D, how much cash D invest? d. c. b. a. P115,000 b. P105,000 c. P160,000 d. P120,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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%24 %23 AutoSave H UnitllILabAssignment Question8 Protected View O Search (Alt+Q) Off Home Insert Draw Page Layout Formulas Data Review View Help PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing :X v fx Function: SUM; Formula: Multiply, Subtract; Cell Referencing D E B. C. F. H. Function: SUM; Formula: Multiply, Subtract; Cell Referencing B Using Excel to Determine Dividends Paid to Common 4 and Preferred Stockholders Student Work Area Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem or work 5 PROBLEM 6 M. Bot Corporation has common stock and cumulative 7 preferred stock outstanding at December 31, 2022. No 8 dividends were declared in 2020 or 2021. area as indicated. What amount of dividends will common stockholders receive? Total dividend payment in 2022 $ 375,000 11 Preferred stock par value Annual…
Question list O Question 1 O Question 2 O Question 3 O Question 4 More Info N 1 2 3 4 5 6 7 8 9 10 To Find F Given P FIP 1.1200 1.2544 1.4049 1.5735 1.7623 1.9738 2.2107 2.4760 2.7731 3.1058 K 0.8929 0,7972 0.7118 0.6355 0.5674 0.5066 0.4523 0.4039 Most likely estimates for a project are as follows. 0.3606 0.3220 To Find P Given F PIF Choose the correct choice below. Determine whether the statement "This project (based upon the most likely estimates) is profitable." is true or false. ✔Click the icon to view the relationship between the PW and the percent change in parameter. Click the icon to view the interest and annuity table for discrete compounding when the MARR is 12% per year False O True To Find F Given A FIA 1.0000 2.1200 3.3744 4.7793 6.3528 8.1152 10.0890 12.2997 14.7757 17.5487 To Find P Given A PIA 0.8929 1.6901 2.4018 3.0373 3.6048 4.1114 4.5638 4.9676 5.3282 5.6502 To Find A Given F AIF 1.0000 04717 0.2963 0.2092 0.1574 0.1232 0.0991 0.0813 0.0877 0.0570 To Find A Given P…
LutoSave 日 Off UnitlILabAssignment_Question1 O Search (Alt-Q) Protected View Home Insert Draw Page Layout Formulas Data Review View Help PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing fx Formula: Multiply, Subtract; Cell Referencing A D E F G H. K Formula: Multiply, Subtract; Cell Referencing Using Excel to Record Stock Entries Student Work Area PROBLEM Required: Provide input into cells shaded in yellow in this template. Select account names from the drop-down lists. Use cell references to the data area. Use mathematical formulas to calculate any amounts not given. On May 10, Jack Corporation issues common stock for cash. Shares of stock issued Par value per share 2,000 24 %24 10.00 Amount at which stock issued 18.00 Journalize the issuance of the stock. 10 11 Date Debit Credit 12 May 10 13 14 15 16 17 18 19 20 21 22 23 25 26 27 28 29 30 31 32 33 Enter Answer Ready 24
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* CengageNOWv2 | Online teachin X b Home | bartleby x + A v2.cengagenow.com/iln/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false * D 9 : M Gmail O YouTube Maps Blackboard HW #9 - Chpt 21 O eBook Show Me How E Print Item 1. TMM.21.01 Contribution Margin and Contribution Margin Ratio For a recent year, Wicker Company-owned restaurants had the following sales and expenses (in millions): 2. TMM.21.02 Sales $14,100 3. TMM.21.03 Food and packaging $5,994 Рayroll 3,600 4. TMM.21.04 Occupancy (rent, depreciation, etc.) 1,986 5. EX.21,01 General, selling, and administrative expenses 2,100 $13,680 6. EX.21.02 Income from operations $420 7. EX.21.03 Assume that the variable costs consist of food and packaging; payroll; and 40% of the general, selling, and administrative expenses. 8. EX.21.06.ALGO a. What is Wicker Company's contribution margin? Round to the nearest million. (Give answer in millions of dollars.) million 9. EX.21.09.ALGO b. What is Wicker…
Question 1- ExtraHWCH15 - X i ezto.mheducation.com/ext/map/index.html? .con=con&external browser-0&launchurl-https%253A%252F%252Fnewconn. E o 5.* ExtraHWCH15 Saved Help Save & Exit Submit Check my work 1 Required information Part 1 of 2 [The following information applies to the questions displayed below) Oxford Company has two divisions. Thames Division, which has an investment base of $80.000,000. produces and sells 900.000 units of a product at a market price of $140 per unit. Its variable costs total $40 per unit. The division also charges each unit $70 of fixed costs based on a capacity of 1.000,000 units. 012 points Lakes Division wants to purchase 200.000 units from Thames. However, It is willing to pay only s80 per unit because it has an opportunity to accept a special order at a reduced price. The order is economically justifiable only If Lakes can acquire Thames output at a reduced price. Print References Required: a. What is the ROI for Thames without the transfer to Lakes?…
ungageNOWv2 | Online teachin x takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false * O H. C20-128PR01-2016. O Final Exam Review -. G Professional Certific. Cancel Your. F Startup Opportuniti. V How brands are co. A Assignment Practic. A COVID-19 Student. Extreme Sports sells logo sports merchandise. The company is contemplating whether or not to continue its custom embroidery service. All of the company's direct fixed costs can be avoided if a segment is dropped. The information is available for the segments. Custom Logo Embroidery Apparel Sales $61,000 $249,000 Variable costs 31,000 110,000 Contribution margin $30,000 $139,000 Direct fixed costs 22,000 40,000 Allocated common fixed costs 13,000 50,000 Net income $(5,000) $49,000 A. What will be the impact on net income if the embroidery segment is dropped? Net income $ B. Assume that if the embroidery segment is dropped, apparel sales will increase 10%. What is the impact on the contribution…