sophiamoser
27.04.2021 •
Business
The balance sheet for the Delphine, Xavier, and Olivier partnership follows: Cash $ 74,400 Liabilities $ 50,000 Noncash assets 140,000 Delphine, capital 95,200 Xavier, capital 60,000 Olivier, capital 9,200 Total assets $ 214,400 Total liabilities and capital $ 214,400 Delphine, Xavier, and Olivier share profits and losses in the ratio of 5:4:1, respectively. The partners have agreed to terminate the business and estimate that $16,000 in liquidation expenses will be incurred. What is the amount of cash that safely can be paid to partners prior to liquidation of noncash assets
Solved
Show answers
More tips
- S Style and Beauty How to Get Rid of a Double Chin?...
- F Food and Cooking How to Cook Julienne? Recipes and Tips...
- D Dating, Love, Relationships 10 Useful Tips on How to Survive a Breakup?...
- F Food and Cooking Apple Cider Vinegar: The Ultimate Health and Beauty Solution...
- C Computers and Internet Е-head: How it Simplifies Life for Users?...
- F Family and Home How to Choose the Best Diapers for Your Baby?...
- F Family and Home Parquet or laminate, which is better?...
- L Leisure and Entertainment How to Properly Wind Fishing Line onto a Reel?...
- L Leisure and Entertainment How to Make a Paper Boat in Simple Steps...
- T Travel and tourism Maldives Adventures: What is the Best Season to Visit the Luxurious Beaches?...
Answers on questions: Business
- B Business Your text outlines three basic categories of electronic commerce applications: business-to-consumer (B2C), business-to-business (B2B) and consumer-to-consumer (C2C)....
- M Mathematics A 14% discount on a dryer purchased, amounted to $70. Calculate the net price....
- M Medicine Internal respiration is the transfer of games between the bloodstream and the cells of the body. true or false?...
Ответ:
I'm straighttt
Explanation: