Mr. Subhani's will specified that, upon liquidation of any asset, the proceeds be divided among his wife,

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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 Mr. Subhani's wife and sister receive?

b. What amount would the sister receive from the sale of the deceased's car for $27,000?

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Fundamentals Of Business Mathematics In Canada

ISBN: 9781259370151

3rd Edition

Authors: F. Ernest Jerome, Jackie Shemko

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Question Posted: Oct 16, 2020 03:08 AM

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Mr. Subhani's will specified that, upon liquidation of any asset, the proceeds be divided among his wife,

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Fundamentals Of Business Mathematics In Canada

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