subject
Business, 03.06.2021 01:00 polarbear3787

RV Partnership has operated for several years. Currently, the partnership has the following account balances: Assets Liabilities Cash $ 100,000 Notes Payable $200,000 Land 200,000 Equity Ritvik, Capital $60,000 Veer, Capital 40,000 Ritvik and Veer share equally in profits and losses. RV Partnership has decided to dissolve their operation. If the land is sold for $100,000, how much will each partner receive in liquidation of their partnership interests

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 08:10
Bakery has bought 250 pounds of muffin dough. they want to make waffles or muffins in half-dozen packs out of it. half a dozen of muffins requires 1 lb of dough and a pack of waffles uses 3/4 lb of dough. it take bakers 6 minutes to make a half-dozen of waffles and 3 minutes to make a half-dozen of muffins. their profit will be $1.50 on each pack of waffles and $2.00 on each pack of muffins. how many of each should they make to maximize profit, if they have just 20 hours to do everything?
Answers: 3
question
Business, 22.06.2019 11:50
What is marketing’s contribution to the new product development team? a. technical expertise needed to translate designs into an actual product/service. b. deep customer insight that leads to product ideas. c. ability to assess financial viability d. feedback on design as well as how customers will actually use the product e. technical expertise needed to translate concepts into product/service designs.
Answers: 2
question
Business, 22.06.2019 13:00
Amajor advantage of case studies is
Answers: 2
question
Business, 22.06.2019 20:00
If a hotel has 100 rooms, and each room takes 25 minutes to clean, how many housekeepers working 8-hour shifts does the hotel need at 50 percent occupancy?
Answers: 1
You know the right answer?
RV Partnership has operated for several years. Currently, the partnership has the following account...
Questions
question
Mathematics, 10.06.2021 17:30
question
Mathematics, 10.06.2021 17:30
Questions on the website: 13722360