Activity 1 Partnership Formation

 

 ^ MXTIEXWB@^ B@^ JLXOMT@LI MGT@Z@TP =6 ^MXTIEXW

@istrugt`lis6 ^rlv`de wbmt `s msked `i emgb prlhceo mid sblw ylur slcut`li. Wuho`t ylur miswers `i m Qlrd Jlromt. Demdc`ie w`cc he tldmy

Wepteoher 7, 8>8> mt =8 illi. =.  Tbe stmteoeit lj j`imig`mc pls`t`li ms lj Fucy 7=, 8>=0 jlr tbe hus`iess lwied hy G. Hlrfm sblws tbe jlcclw`ia mssets mid c`mh`c`t`es6 Gmsb Mggluits Xege`vmhce Oergbmid`se @iveitlry J`xtures Mggluits ^mymhce

8,5>>.>> =>,>>>.>> =5,>>>.>> =2,>>>.>> :,>>>.>>

@t `s est`omted tbmt 5% lj tbe rege`vmhces omy prlve uiglccegt`hce. Oergbmid`se `iveitlry `igcudes lhslcete `teos glst`ia ^5,>>> lj wb`gb 8,>>> 8,> >> o`abt st`cc he remc`zed. Depreg`mt`li bms iever heei reglrded6 tbe j`xtures mre twl yemrs lcd, bmve mi est`omted usejuc c`je lj => yemrs, mid wlucd glst ^8>,>>> `j gurreitcy purgbmsed. D, Mrge `s tl he mdo`tted ms m pmrtier upli b`s `ivestoeit lj ^8>,>>> gmsb mid ^=>,>>> wlrtb lj oergbmid`se.

]uest`li6 Qbmt `s tbe tltmc mssets lj tbe pmrtiersb`p<

8.  Hem mid Gmidy mre pmrtiers sbmr`ia prlj`ts `i tb`s prlplrt`li ‗ :>64>. M stmteoeit lj j`imig`mc pls`t`li prepmred jlr tbe pmrtiers li Mpr`c =, 8>=06 Gmsb

42,>>>.>>

Mggluits ^mymhce

Mggluits Xege`vmhce

08,>>>.>>

Lrt`z, Gmp`tmc

=77,>>>

^lige, Gmp`tmc

=>2,>>>

Oergbmid`se @iveitlry Equ`poeit

=:5,>>>.>> 1>,>>>.>>

20,>>>

 

Cess6 M/D

Tltmc Mssets

- 45,>>>.>>

77>,>>>.>>

Tltmc C`mh`c`t`es mid Gmp`tmc

77>,>>>

Li tb`s dmte, tbe pmrtiers maree tl mdo`t Xlxms ms m pmrtier. Tbe teros lj tbe mareeoeit mre suoomr`zed heclw.

Mssets mid C`mh`c`t`es mre tl he restmted ms jlcclws6 m.  Mi mcclwmige jlr plss`hce uiglccegt`hces lj^4,5>> `s tl he estmhc`sbed h.  @iveitlr`es mre tl he restmted mt tbe`r preseit repcmgeoeit vmcue lj ^=1>,>>> g.  Mggrued expeises lj ^4,>>> mre tl he reglai`zed. Lrt`z, ^lige mid Xlxms w`cc d`v`de prlj`ts `i tbe rmt`l lj 56768. Gmp`tmc hmcmiges lj tbe pmrtiers mjter tbe jlromt`li lj tbe iew pmrtiersb`p mre tl he `i tbe mjlreoeit`lied rmt`l, w`tb Lrt`z mid ^lige omk`ia gmsb settceoeit hetweei tbeosecves luts`de tbe pmrtiersb`p tl mdfust tbe`r gmp`tmcs, mid Xlxms `ivest`ia gmsb `i tbe pmrtiersb`p jlr b`s `iterest. Blw ougb gmsb `s tl he `ivested hy Xlxms<

]uest`li6 Blw ougb gmsb `s tl he `ivested `iv ested hy Xlxms<

7.  Li Wepteoher 7>, 8>=0, Clpez mdo`ts Oeidez jlr mi `iterest `i b`s hus`iess. Li tb`s dmte, Clpez‐s gmp`tmc mggluit sblws m hmcmige lj ^=52,4>>. Tbe jlcclw`ia were mareed upli hejlre tbe jlromt`li lj tbe pmrtiersb`p. =.  ^repm`d expeises lj ^=1,5>> mid mggrued expeises lj ^5,>>> mre tl he reglai`zed. 8.  5% lj tbe lutstmid`ia mggluits rege`vmhce lj Clpez moluit`ia tl ^=>>,>>> `s tl he reglai`zed ms uiglccegt`hces.

 

7.  Oeidez `s tl he gred`ted w`tb m lie-tb`rd `iterest `i tbe pmrtiersb`p mid `s tl `ivest gmsb ms`de jrlo tbe ^5>,>>> wlrtb lj oergbmid`se.

]uest`li6 Blw ougb `s tbe moluit lj gmsb tl he `ivested hy Oeidez mid tbe tltmc gmp`tmc lj tbe pmrtiersb`p<

4.  Glrtez mdo`ts D`il jlr m pmrtiersb`p `iterest `i b`s hus`iess. Tbe stmteoeit lj j`imig`mc pls`t`li lj Glrtez li Ilveoher 7>, 8>=7 pr`lr tl tbe mdo`ss`li lj D`v`il sblws tbe jlcclw`ia6 Gmsb Mggluits Xege`vmhce Oergbmid`se @iveitlry Mggluits ^mymhce Glrtez, Gmp`tmc

< 0:,>>>.>> =44,>>>.>>

40,:>>.>> <

@t `s mareed tbmt jlr tbe purplse lj estmhc`sb`ia Glrtez ‐s `iterest, tbe jlcclw`ia mdfustoeits sblucd he omde6 =.  Mim mcclwmige jlr dluhtjuc mggluits lj 8% lj mggluits rege`vmhce `s tl he estmhc`sbed. 8.  Tbe oergbmid`se `iveitlry `s tl he vmcued mt ^=:>,>>> 7.  ^repm`d expeises lj ^5,8>> mid mggrued expeises lj ^7,8>> mre tl he reglai`zed. D`v`il `ivested gmsb lj ^==7,:4> tl a`ve b`o m lie-tb`rd `iterest `i tbe tltmc gmp`tmc lj tbe j`ro.

]uest`li6 Qbmt `s tbe gmp` gmp`tmc tmc hmcmige lj G Glrtez lrtez hejlre tbe tbe mdo`ss`li lj D`v`il<