: [ 4 x 5 = 20 marks ] (ii) Anil and Mukesh are partners sharing profit and losses in the ratio of 3 : 2. Govind is admitted for ¼th share of firm. Thereafter Madan enters for 20 paisa in a rupee. Compute new profit sharing ratios under both the admission of partners. (iii) The following Goodwill Account was opened by the partners of R and S‚ on the admission of H as a new partner into firm Om and Sons. Calculate the share of profit agreed to be
Premium Balance sheet Asset Inventory
were younger and someone said ballerina‚ you probably thought tutu‚ leotard‚ tights‚ hair in a bun‚ and pointe shoes. Of course‚ when I was younger I did not call them pointe shoes‚ but pink flats with the ribbons on them. Now I know that there is more to pointe shoes than just fabric. According to an article called‚ “The Point of Pointe Shoes‚” by Pittsburgh Ballet Theatre‚ pointe shoes look quite dainty‚ however they are not and cannot be because they must be sturdy enough to support and balance
Premium Ballet Dance Footwear
basketball shoes designed and created by Michael Jordan‚ a former professional player in the National Basketball Association (NBA). Over the duration of his career‚ Jordan broke numerous records‚ many of which still hold to this day. The Air Jordan line was first introduced to the world in 1985‚ a year after Jordan signed a hefty contract with Nike despite being a rookie in the league. The first shoe to debut was the Air Jordan I‚ which quickly transformed the realm of basketball shoes. The sneaker
Premium
Apollo Shoes Audit Report Anderson‚ Olds and Watershed Certified Public Accountants 123 Main Street Upper Saddle River‚ NJ 00712 INDEPENDENT AUDITOR’S REPORT To the Stockholders Apollo Shoes‚ Inc. We have audited the accompanying balance sheets of Apollo Shoes‚ Inc. as of December 31‚ 2008‚ and the related statements of income‚ comprehensive income‚ shareholders’ equity‚ and cash flows for the year ended‚ and related notes to the financial statements. We have also audited management’s assessment
Premium Auditing Audit Financial audit
is the debate between running while wearing specially made running shoes or taking the “natural” approach and running barefoot or with minimalist running shoes. I recently read an article discussing‚ with evidence‚ this issue. The article gives reasons why barefoot running can benefit you better than shod running‚ but also that it is not for everyone. The first main point expressed in the article is that heavily cushioned shoes don’t allow your feet and
Premium Shoe Footwear Athletic shoe
Nonprofit versus for-profit healthcare and organizations For-profit and not-for-profit hospitals generate revenues through daily operations. For-profit hospitals are able to generate funds through issuing stocks while non-for-profit hospitals do not have this ability. Accordingly‚ non-for-profit hospitals can issue tax-exempt bonds and can accept tax-deductible contributions. Non-profits were created with the intention of servicing the needs of the poor. This subsequently led
Premium Non-profit organization Economics Health care
discard barely worn shoes from the previous season. For women especially‚ shoe styles change each season‚ and staying in style is costly for them. A reversible shoe will fulfil need for an inexpensive‚ versatile‚ stylish shoe which can be quickly and easily converted from one side to the other. The reversible shoe cuts down on the number of separate pairs of shoes that must be purchased for different occasions‚ for example‚ casual shoes for wearing to work and dressier shoes for a evening out. In
Premium Color
Not-for-Profit According to Merriam-Webster.com‚ Not-for-Profit‚ also known as nonprofit is defined as‚ “not existing or done for the purpose of making a profit.” Whereas For-Profit is the opposite and is defined as “existing or done for the purpose of making a profit.” I am an ethnographic researcher for a popular organizational behavior research journal. In this article‚ we will be looking at 2 popular and major organizations‚ where one is Not-for-Profit and the other is For-Profit and identifying
Premium Non-profit organization Voluntary association Management
it provides a nice summary of points raised in the analysis‚ it does not include a description of generalizable lessons learned or take home messages from the case. A complete conclusion needs to go beyond the case. Introduction The two Jensen Shoes Case studies combine into a classic tale of two sets of perception and bias errors leading to differing interpretations of the same events. The protagonists are Lyndon Brooks (Brooks)‚ an employee‚ and Jane Kravitz (Kravitz)‚ his new supervisor.
Premium Motivation Decision making Case study
PROFIT MAXIMISATION IN ZIMBABWE The traditional economist’s view is that firms are profit maximizes‚ with each decision based on the need to maximize profits (Griffiths and Wall‚ 2005). Although the assumption of profit maximization has come under repeated criticism‚ it still remains relevant to the Zimbabwean firm today irrespective of size. To begin with‚ a profit objective is often the principal reason for the original formation of the smaller companies‚ the majority of which are under the direct
Premium Economics Profit maximization Profit