Michelle 150,000 120,000 20% CC 120,000

Steve 200,000 600000 AC 94000

Jacob 120,000 470,000
470,000
TAC 600000
TCC 470,000
Difference 130,000
*
80,000 Martin, Capital 60,000
60,000 L, Capital 6666.667
20,000 Bonus to Martin N, Capital 6666.667
O, Capital 6666.667
Cash 80,000
 40,000 48,000 32,000
Garlic Pepper Salt Total
Salary 60,000 24,000 84,000
Interest 4000 4800 3200 12,000
Share in Pr 4000 4000 4000 12,000
Net Income 108,000
8000 68,800 31,200 108,000
Peter Ronald
65% 35%
130000 70000 200,000
45% 55%
67500 82500 150,000
197,500 152,500 350,000
Cash 25,000
A, Capital 25,000

Goodwill 20,000
A, Capital 20,000

A, Capital 45,000
Cash 200000
C, Capital 75,000 C, Capital 75,000
D, Capital 125,000 D, Capital 150,000
Total 225,000
Goodwill 25,000
D, Capital 25,000
Assets 136,000

Unsec w/o prio 90,000

Unsec w/ prio 10,000

SHE 36,000
136,000

136,000
-45,000
91,000
-10,000
81,000
90,000 90
Free Assets 480,000
Assets to Fully 555,000
Less: Fully Liab 390,000 165,000
Free Assets 645,000
less: Unsecured w/ prio 105,000
Total Free Assets 540,000
R M F
46,000 39,000 29,000
-15,000 10,000
46,000 24,000 39,000
 25%
Cash Loan to LanOther Assets Liab Loan from Maas Lang
Balance 30,000 40,000 480,000 200,000 50,000 70,000
-40,000 -50,000 -40,000
Balance 30,000 - 480,000 200,000 - 30,000
Realization 480,000 - 480,000
Balance 510,000 - - 200,000 - 30,000
Creditors - 200,000 - 200,000
Balance 310,000 - - - - 30,000

L M N
Capital 70,000 80,000 150,000
Receivable -40,000
Loans 50,000
Total Interest 30,000 130,000 150,000
P&L 25% 25% 50%
Loss Absorption 120000 520000 300000
Priority 1 220000 55000
 25% 50%
Maas Neal
80,000 150,000
50,000
130,000 150,000

130,000 150,000

130,000 150,000
 60% 40%
Cash Inventory Liab D, Capital L, Capital
Balance 100,000 200,000 100,000 120,000 80,000
Realization 60,000 -100,000 -24000 -16000
Balance 160,000 100,000 100,000 96,000 64,000
Creditors -60,000 -60,000
Balance 100,000 100,000 40,000 96,000 64,000
Creditors -40,000 -40,000
Balance 60,000 100,000 0 96,000 64,000
Unrealized -100,000 -60000 -40000
Balance 60,000 0 0 36,000 24,000

60% 40%
Cash Inventory Liab D, Capital L, Capital
Balance 100,000 200,000 100,000 120,000 80,000
Realization 60,000 -100,000 -24000 -16000
Balance 160,000 100,000 100,000 96,000 64,000
Creditors -60,000 -60,000
Balance 100,000 100,000 40,000 96,000 64,000
Payment to Partners -60,000 -36,000 -24,000
Balance 40,000 100,000 40,000 60,000 40,000
Realization 10,000 -100,000 -54000 -36000
Balance 50,000 0 40,000 6,000 4,000
Creditors -40,000 -40,000
Balance 10,000 0 0 6,000 4,000
*

*
*