Exercise 12-15 a-b foss, albertson, and espinosa are partners who share profits and losses 50%, 30%, and 20%, respectively. their capital balances are $117,000, $55,000, and $32,000, respectively. assume garrett joins the partnership by investing $81,600 for a 25% interest with bonuses to the existing partners. prepare the journal entry to record his investment. (credit account titles are automatically indented when amount is entered. do not indent manually.)

King fisher aviation is evaluating an investment project with the following case flows: $6,000 $5,500 $7,000 $8,000 discount rate 14 percent what is the discounted payback period for these cash flows if the initial cost is 15,000? what if the initial cost is $12,000? what if the cost is $16,000?

In allentown, pennsylvania, in the summer of 2014, the average price of a gallon of gasoline was $3.68long dasha 22-cent increase from the year before. many consumers were upset by the increase. one was quoted in a local newspaper as saying, "it's crazy. the government should step in." source: sam kennedy, "valley feeling pain at the pump," (allentown, pa) morning call, june 21, 2014. suppose the government had stepped in and imposed a price ceiling equal to old price of $3.46 per gallon. a. using the line drawing tool, draw and label the price ceiling. carefully follow the instructions above, and only draw the required object.

What two things do you consider when evaluating the time value of money