Business, 18.02.2020 04:28, oliviaboils

The partnership of Winn, Xie, Yang, and Zed has the following balance sheet:

Cash $42,000 Liabilities $67,000
Other assets 281,000 Winn, capital (50% of profits and losses) 72,000
Xie, capital (30%) 90,000
Yang, capital (10%) 52,000
Zed, capital (10%) 42,000

Zed is reasonably sure of obtaining at least $5,000 from the liquidation. Determine the amount for which the partnership must sell the other assets to ensure that Zed receives $5,000 from the liquidation. Liquidation expenses are expected to be $27,000.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 20:00, HernanJe6

Which financial component is a mandatory deduction from your gross pay? a. sales tax b. social security tax c. health insurance d. disaster relief fund (drf) e. voluntary deduction

Answers: 1

continue

Business, 21.06.2019 21:00, FombafTejanjr3923

The plastic flowerpots company has two manufacturing departments, molding and packaging. at the beginning of the month, the molding department has 2,100 units in inventory, 70% complete as to materials. during the month, the molding department started 18,500 units. at the end of the month, the molding department had 3,150 units in ending inventory, 80% complete as to materials. units completed in the molding department are transferred into the packaging department. cost information for the molding department for the month follows: beginning work in process inventory (direct materials) $ 1,300 direct materials added during the month 28,900 using the weighted-average method, compute the molding department's (a) equivalent units of production for materials and (b) cost per equivalent unit of production for materials for the month. (round "cost per equivalent unit of production" to 2 decimal places.)

Answers: 1

continue

Business, 22.06.2019 22:00, Suzispangler2264

Miami incorporated estimates that its retained earnings break point (bpre) is $21 million, and its wacc is 13.40 percent if common equity comes from retained earnings. however, if the company issues new stock to raise new common equity, it estimates that its wacc will rise to 13.88 percent. the company is considering the following investment projects: project size irr a $4 million 14.00% b 5 million 15.10 c 4 million 16.20 d 6 million 14.20 e 1 million 13.42 f 6 million 13.75 what is the firm's optimal capital budget?

Answers: 3

continue

Business, 22.06.2019 22:30, chad65

Which of the following situations is most likely to change a buyer's market into a seller's market? a. a natural disaster that drives away a lot of the population. b. the price of building materials suddenly going up. c. the government buys up a lot of houses to build a new freeway. d. a factory laying off a lot of workers in the area.

Answers: 1

continue

Do you know the correct answer?

The partnership of Winn, Xie, Yang, and Zed has the following balance sheet:

Cash $42,0...