During a liquidation, capital deficiency means that at least one partner has a (debit/credit) balance in his or her capital account at the point of final cash distribution, which means that debit ( deficiency means partner has debit in capital).
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What is liquidation of capital ?</u></h3>
- In the fields of finance and economics, liquidation refers to the process of closing down a firm and distributing its assets among claimants. 
- It is an occurrence that typically takes place when a business is bankrupt, or unable to make its debt payments on time. 
- As business activities come to an end, the residual assets are distributed to shareholders and creditors according to the order of priority of their claims. General partners might be dissolved.
- The sale of subpar goods at a price below what it would cost the company to produce them or below what the company would want to charge is referred to as "liquidation."
To view more questions on Liquidation, refer to: brainly.com/question/23987428
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I would go with answer “c”
        
             
        
        
        
Answer: 12.53%
Explanation:
EBIT = $780,000
Interest = $470,000
EBT = EBIT - Interest
= $780,000 - $470,000
= $310,000
Net Income = EBT - Tax
= $310,000 - (35% × $310,000)
= $310,000 - (0.35 × $310,000)
= $310,000 - $108,500
= $201,500
Total assets turnover ratio = 2.8
Total assets = $10,000,000/2.8
= 3,571,429
Debt ratio = 55% = 0.55
Debt/Total asset = 0.55
Debt/3,571,429 = 0.55
Debt = 0.55 × 3571429
= 1,964,286.4
Equity = 0.45 × 3571429
= $1607143.5
Return on equity = Net income/Equity
= $201,500/$1,607,143.5
= 0.1253
= 12.53%
The company's return on equity will be 12.53%.
 
        
             
        
        
        
Answer:
A) remains unchanged at 40.
Explanation:
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real exchange rate = (Nominal exchange rate x Price of the foreign basket) / (Price of the domestic basket)
the price of the US basket did not change over the couse of the year while the basket of indian goods increased by 25%
We plug this into the formula and obtain: 
real exchange rate = 50 x 1/1.25 = 40
 
        
             
        
        
        
Yes gathering more information enables the firm to forecast...