Answer:
$67,000
Explanation:
Miller$72,000/60%=$ 120,000 loss to eliminate capital
Tyson$72,000/20%=$ 360,000 loss to eliminate capital
Watson$19,000/20%=$ 95,000 loss to eliminate capital
Watson is the partner most vulnerable to a loss of $95,000 which will inturn eliminate Watson's capital balance
Hence:
$162,000-$95,000
=$67,000
Therefore if the loss on disposal is less than $95,000, all partners will retain positive capital balances and receive some cash in liquidation reason been that other assets which is $162,000, must be sold for any amount over $67,000 for all partners to get cash.
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I hope this helps you answer it
Answer:
<h2>The answer in this case would be option 4) or IS Director.</h2>
Explanation:
- In an IS organization, one of the most important directorial duty or responsibility of an IS Director is to oversee the regular or normal day to day functioning of the organization to ensure effectiveness and efficiency of the regular operational activities or conducts.
- An IS Director also manages all the relevant and concerned systems throughout the entire organization to facilitate the regular operational functioning of the organization.Therefore, the relevant duties and responsibilities of a IS Director mostly relates to operational aspects and system management.
