Partnership liquidating distributions examples

22-Oct-2017 21:18

Asset Value- The net market value of a company's assets divided by the number of outstanding shares of that company's stock.Investors often use the asset value of a company when determining if the company's shares are overvalued or undervalued.We make cash purchases or run commission based disposition sales in Retail, Industrial, Wholesale, Motorsports & Equipment. For mutual funds, the asking price is the net asset value plus any sales charges. Assets- Accounting the entries on a balance sheet showing all properties, both tangible and intangible, and claims against others that may be applied to cover the liabilities of a person or business.Liquidation Definitions Liquidation- Is to pay off (a debt, a claim, or an obligation); settle. To settle the affairs of (a business firm, for example) by determining the liabilities and applying the assets to their discharge. Assets can include cash, stock, inventories, property rights, and goodwill. The entire property owned by a person, especially a bankrupt, which can be used to settle debts.Liquid Asset Partners will be selling all the restaurant equipment out of two closed supermarkets located in Jamestown, NY and in North Warren, PA.

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Bill of Lading (B/L)- Document issued by a carrier, or its agent, to the shipper as a contract of carriage of goods.

The Auctions and liquidation sales listed below are past projects that were conducted by Liquid Asset Partners.

These projects are sold out and are no longer available.

Consultant- Experienced professional who provides expert knowledge (often packaged under a catchy name) for a fee.

Discount- Deduction from the face amount of an invoice, made in advance of its payment. Due Diligence- The process of gathering information about the condition and legal status of assets being sold.It serves as a proof of ownership (title) of the cargo, and may be issued either in a negotiable or non-negotiable form.

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