The following condensed balance sheet is presented for the partnership of D,E,and F who share profits and losses in the ratio of 5:3:2,respectively:
The partners agreed to liquidate the partnership after selling the other assets.
-Refer to the above information.If the other assets are sold for $280,000,how much should F receive upon liquidation?
A) $44,000
B) $50,000
C) $76,000
D) $90,000
Correct Answer:
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