Business, 30.10.2019 02:31 bankscorneliuso39

Sunland company at december 31 has cash $23,000, noncash assets $104,000, liabilities $52,300, and the following capital balances: floyd $47,000 and dewitt $27,700. the firm is liquidated, and $113,000 in cash is received for the noncash assets. floyd and dewitt income ratios are 70% and 30%, respectively.

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Sunland company at december 31 has cash $23,000, noncash assets $104,000, liabilities $52,300, and t...

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