Business, 13.04.2021 02:50 sosick90501

artner Balance A $60,000 B $29,000 C $45,000 D $15,000 B is personally bankrupt and refuses to make any contributions to the partnership. The partnership had the following assets: A building with a $150,000 carrying amount $29,000 cash Inventory with a $20,000 carrying amount The partnership has $50,000 of liabilities resulting from accounts payable to BigCorp. Upon dissolution, the partnership is able to obtain $50,000 for the building and $0 for its inventory. Calculate the amount that A, B, C, D, and BigCorp will receive upon dissolution of the partnership using the information above.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 14:50

The maximum amount of money that a consumer can charge on a credit card is called the

Answers: 2

Answer

Business, 21.06.2019 23:10

You are the new chief information officer for the video-game developer, necturus games. the company has recently undergone a major expansion of its primary product, and you must staff up the is department and determine the best way to develop new game "capsules" for the game, "escape velocity."

Answers: 1

Answer

Business, 22.06.2019 08:30

In risk management, what does risk control include? a. risk identification b. risk analysis c. risk prioritization d. risk management planning e. risk elimination need this answer now : (

Answers: 3

Answer

Business, 22.06.2019 10:00

Suppose an economy has only two sectors: goods and services. each year, goods sells 80% of its outputs to services and keeps the rest, while services sells 62% of its output to goods and retains the rest. find equilibrium prices for the annual outputs of the goods and services sectors that make each sector's income match its expenditures.

Answers: 2

Answer

You know the right answer?

artner Balance A $60,000 B $29,000 C $45,000 D $15,000 B is personally bankrupt and refuses to make...

Questions