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Business, 11.09.2019 02:20 duplessistoccara

In the rst partnership, ron's capital is $80,000, stella's is $75,000, and tiffany's is $50,000. they share income in a 3: 2: 1 ratio, respectively. tiffany is retiring from the partnership. each of the following questions is independent of the others.
refer to the above information. tiffany is paid $60,000, and no goodwill is recorded. what is the ron's capital balance after tiffany withdraws from the partnership?
a. $74,000
b. $71,000
c. $75,000
d. $86,000

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In the rst partnership, ron's capital is $80,000, stella's is $75,000, and tiffany's is $50,000. the...
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