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| Teaching Since: | May 2017 |
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| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
The partnership of Brandon and Ryan is being liquidated. All gains and losses are shared in a 3:1 ratio, respectively. Before liquidation, their balance sheet are ad follows. Cash 10,000, other assets 8,000,liabilities 4000, Brandon capital 7,000. If the other assets are sold for 10,000, how much will each partner receive before paying liabilities and distributing the remaining assets
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