Use the Tables for the Question(s)below

question 74

Multiple Choice

Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2013-2018
Pro Forma Assets & Liabilities for Ideko, 2013-2018

-Assuming that Ideko has a EBITDA multiple of 8.5, then the continuation levered price-earnings ratio of Ideko in 2018 is closest to:

• A)16.4
• B)17.2
• C)19.0
• D)13.5

Understand the basic characteristics and features of a partnership form of organization, including liability, life, and accounting entity.

Comprehend the principles of profit and loss sharing among partners, including how income ratios, salary allowances, and interest on capital work within partnerships.

Recognize the procedures for recording partners’ capital, including the treatment of noncash assets, withdrawals, and investments.

Understand the distinct financial statement structure for partnerships compared to proprietorships.

---

Definitions:

Pharynx

The muscular tube that connects the mouth and nasal passages with the esophagus and larynx, playing a key role in both the respiratory and digestive systems.

Bolus

A small rounded mass of a substance, especially of chewed food at the moment of swallowing.

Esophagus

The part of the digestive tract that conducts food from the pharynx to the stomach.

Amylase

An enzyme that catalyzes the hydrolysis of starch into sugars, present in saliva and pancreatic fluid.