Answer:
The right solution is Option b ($4606
).
Explanation:
The given values are:
Company sells merchandise,
= $5700
Company returns,
= $1000
Now,
The amount of the check will be:
= 
= 
= 
=
($)
Answer:
Partner Macki will eventually receive cash of $16,000
Explanation:
Macki has a $40,000 capital balance.
Income and losses ratio for Macki is 2
Total Income and losses ratio = 2 + 3 = 5
Calculating for Macki
Cash to be received by partner Macki
= $40,000 * 2/5
= $16,000
Answer:
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