A partnership with unlimited possibilities : a case of allocation of partnership income and common costs / Marc I. Lebow, Veronique Frucot, Jacob Angima.

Format:

Book

Author/Creator:

Lebow, Marc I., author.

Frucot, Veronique, author.

Angima, Jacob, author.

Series:

SAGE Knowledge. Cases.

SAGE Knowledge. Cases

Language:

English

Subjects (All):

Strategic alliances (Business)--Case studies.

Strategic alliances (Business).

Asset allocation--Case studies.

Asset allocation.

Accounting--Case studies.

Accounting.

Genre:

Case studies.

Physical Description:

1 online resource.

Place of Publication:

London : SAGE Publications Ltd., 2017.

System Details:

text file

Summary:

Most cases are written for upper- and graduate-level accounting classes, however, this case was written to be used in introductory accounting classes. It involves a recent college graduate who, while eating lunch, is asked by a potential client about the benefits of entering into a partnership. Three issues must be addressed: are the risks of entering the partnership worth the increase in income; is the partnership allocation formula fair to the potential partner; and should the common costs be allocated differently? Students need to use the accounting information provided and advise the client about making important business decisions. The student has to write a memo explaining the benefits and risks of joining the partnership. The facts of the case add a real-world element to this discussion.

Notes:

Originally Published In Lewbow, M. I., Frucot, V., & Angima, J. (2013). A Partnership with Unlimited Possibilities: A Case of Allocation of Partnership Income and Common Costs. IMA Education Case Journal, 6(2), Article 3.

No ILL or scholarly sharing allowed.

Description based on XML content.

ISBN:

9781526427007

OCLC:

1017712565

Access Restriction:

Restricted for use by site license.