Mr. Subhani's will specified that, upon liquidation of any asset, the proceeds be divided among his wife, his son, and his sister in the ratio of 7: 5: 3.
a) If the son received $9500 from the sale of securities, what amounts did Bartlett's wife and sister receive?
b) What amount would the sister receive from the sale of the deceased's boat for $27,000?

Question

Quizplus · Accepted Answer

The Answer of Mr. Subhani's will specified that, upon liquidation of any asset, the proceeds be divided among his wife, his son, and his sister in the ratio of 7: 5: 3.
a) If the son received $9500 from the sale of securities, what amounts did Bartlett's wife and sister receive?
b) What amount would the sister receive from the sale of the deceased's boat for $27,000?

Mr Subhani's Will Specified That, Upon Liquidation of Any Asset