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Business, 29.07.2019 07:00 martinbricein10

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 balances are as follows: a. if the other assets are sold for $10,000, how much will each partner receive before paying liabilities and distributing the remaining assets? b. if the other assets are sold for $8,000, how much will each partner receive before paying liabilities and distributing remaining assets?

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