The following condensed balance sheet is for the partnership of Miller, Tyson, and Watson, who share profits and losses in the ratio of 6:2:2, respectively: Cash$54,000 Liabilities$50,000
Other assets 167,000 Miller, capital 75,000
Tyson, capital 75,000
Watson, capital 21,000
Total assets$221,000 Total liabilities and capital$221,000

a. Assuming no liquidation expenses, calculate the safe payments that can be made to partners at this point in time.
b. For how much money must the other assets be sold so that each partner receives some amount of cash in a liquidation?

Titus works at a hotel. part of his job is to keep the complimentary pitcher of water at least half full and always with ice. when he starts his shift, the water level shows 4 gallons, or 128 cups of water. as the shift progresses, he records the level of the water every 10 minutes. after 2 hours, he uses a regression calculator to compute an equation for the decrease in water. his equation is w –0.414t + 129.549, where t is the number of minutes and w is the level of water. according to the equation, after about how many minutes would the water level be less than or equal to 64 cups?