Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 4 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 25 Sep 2017 My Price 4.00

profit sharing ratios,

The following balance sheet summary, together with residual profit sharing ratios, was developed on April 1, 2011, when the Dick, Frank, and Helen partnership began its liquidation:

Cash

$140,000

Liabilities

$ 60,000

Accounts receivable

60,000

Loan from Frank

20,000

Inventories

85,000

Dick capital (20%)

75,000

Plant assets—net

200,000

Frank capital (40%)

200,000

Loan to Dick

25,000

Helen capital (40%)

155,000
 

$510,000

  

$510,000

If available cash except for a $5,000 contingency fund is distributed immediately, Dick, Frank, and Helen, respectively, should receive:

a $0, $60,000, and $15,000

b $11,000, $22,000, and $22,000

c $0, $70,000, and $5,000

d $0, $27,500, and $27,500

Answers

Maurice Tutor
(5)
Status NEW Posted 25 Sep 2017 03:09 PM My Price 4.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll

Not Rated(0)