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Using the two class method as defined in asc 260 what are

Case Study: Earnings Per Share/Unit (EPS/U) EPU Case Study

Question - Using the two class method as defined in ASC 260 (which you need to search, read, and understand), what are the distributed earnings (i.e., the partnership's available cash) and undistributed earnings? What are the distributed, undistributed, and total earnings per unit (to the LPs) under the following two scenarios?

a. Net income of $50,000 and Cash available for distribution of $25,000.

b. Net income of $5,000 and Cash available for distribution of $6,000.

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Accounting Basics: Using the two class method as defined in asc 260 what are

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Accounting Basics: Using the two class method as defined in asc 260 what are

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