Twa partners agee to invest equal amounts in their business. One wil contute $10.000 inmedately The other plans to contrbute an equvalent amount in6 years How mh she she o tpartner's imvestment now ansuming an interest rate of 5% compounded semiannually?

Future value can be calculated using FV (rate, nper, pmt, [Pv], [type]) Rate The interest rate Nper…

Answered: Two partners agree to invest equal…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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How much must the partnership realize on the sale of its assets if Halili is to receive P10,000 as final settlement?
The Articles of Partnership of Ange and Bill and the following provisions were stipulated: Annual salary of P50,000 each Bonus to Ange of 20% of the net income after partner’s salaries and bonus, the bonus being treated as an expense. Balance to be divided equally. The partnership reported a net income of P375,000 after partners’ salaries but before bonus. How much is the share of Bill in the profit? Group of answer choices 284,375 206,250 268,750 190,625
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ON Tom & faith are in a partnership ratio of 3/5 sharing profits and losses in the for Tom and 2/5 for faith The partnership deed provides for interest on capital at the rate 10% 5% and interest on drawings per annum The partners are entitled to annual Salaries of $2000 and $1000 for Tom & faith respectively The following balance were extracted from the books of the partnership as at 30th Sept 2026 Capital accounts 14.000 10.000 Iom faith Current accounts 4,000 laith 2.500 Drawings a 3.800 Tom Farth 2.200 Notes: During the year the partners made a not profit of 15,000 for the business: Prepare the partner's current account as of 30th Sept 2020 0 bencils T ol picks bef
Almutaz Ahmed and Amir are partners sharing profits in the ratio of 9: 6: 3. Ahmed retires and Goodwill of the firm is valued on that date OMR 30,000. Calculate the Goodwill share of Almutaz? a. None of the options b. OMR 7.500 c. OMR 10,000 d. OMR 2,500
Soultion for Part B Part B (2020) a. On December 31, 2020 new partner D invests other assets into the partnership for a one-quarter ownership interest. An equal amount of capital is contributed by A, B, and C to make up the difference. At December 31, 2020, the partners' capital balances are as follows: A $200,000 B 180,000 C 190,000 $ 570,000 Fair value of other assets from D $50,000 b. Immediately after this, partner C withdraws from the partnership. She is paid in cash the balance in her capital account plus a bonus, contributed equally from the capital balances of A, B, and D. Bonus paid to C $ 18,000 Required 5 Prepare necessary adjusting entries at December 31, 2020 to record the admission of…
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The partner’s Paru-paru Gee and Kokak Yoo, share profits on the ratio 3:2. Partner’s Paru-paru Gee will receive a yearly bonus of 20% of the profits after deducting salaries and bonus, in addition to his profit share;While partner’s Kokak Yoo will receive an annual salary of P30,000, in addition to his profit share. The annual profit is P90,000. 1. How much was the share of Paru-paru Gee on the partnership profit?A. 30,000 C. 40,000 B. 40,800 D. 45,000 2. How much was the share of Kokak-Yoo on the partnership profit?A. 60,000 C. 49,200 B. 50,000 D. 45,000 kindly show your solution. Thank you

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Two partners agree to invest equal amounts in their business One wil contitute $10.000 imedately The other plans to contrbute an eralet amount in6 yars How mh sh partner's imvestrment now ansuming an interest ate of 5% compounded semiannualy?