The following condensed balance sheet is presented for the partnership of Finn,Gary,and Eugene who share profits and losses in the ratio of 2:4:4,respectively:
Assume that the partners decide to liquidate the partnership.If the other assets are sold for $600,000,how much of the available cash should be distributed to Finn?
A) $64,000
B) $84,000
C) $90,000
D) $110,000
Correct Answer:
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