Adriana and Belen are partners who share income in the ratio of 3:2 and have capital balances of $50,000 and $90,000 at the time they decide to terminate the partnership. After all noncash assets are sold and all liabilities are paid, there is a cash balance of $90,000 . How much cash should be distributed to Adriana?
a. $50,000
b. $20,000
c. $30,000
d. $45,000
b
Business
You might also like to view...
Discuss strategies for writing letters for claims and adjustments
What will be an ideal response?
Business
NGOs are groups of ________ who monitor the behavior of marketers or governments and use their influence to achieve social goals
A) elected officials B) appointed officials C) public officials D) private individuals E) public employees
Business
Identify the preposition or prepositions in the sentence. The hotel caters to foreign dignitaries
Business
Trustworthy Insurance, Inc., has a valid reason to cancel a policy issued to USA Sales Company. In most states, Trustworthy could cancel the policy on
A. advance oral notice. B. oral or written notice, advance or contemporaneous. C. without notice. D. advance written notice.
Business