Business
Business, 04.09.2019 01:20, gakodir

Apartnership has the following account balances: cash, $85,000; other assets, $615,000; liabilities, $369,000; nixon (50 percent of profits and losses), $155,000; cleveland (30 percent), $105,000; pierce (20 percent), $71,000. the company liquidates, and $15,500 becomes available to the partners. who gets the $15,500? determine how much of this amount should be distributed to each partner. (do not round intermediate calculations.)

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Apartnership has the following account balances: cash, $85,000; other assets, $615,000; liabiliti...

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