Compute the following problems
Practice Exercise 8-2: (Statement of Liquidation and Journal Entries) Anita, Banana and Carla are partners in the ABC partnership decided to liquidate. The condensed statement of financial position of the partnership as of December 31, 2020 is presented below: Assets Liabilities and Capital Cash P 40,000 Liabilities P 140,000 Non-cash Assets 360,000 Carla, Loan 20,000 Anita, Capital 140,000 Banana, Capital 80,000 Carla, Capital 20,000 Total Assets P 400,000 Total Liabilities and Capital P 400,000 Anita, Banana and Carla share profits and losses in the ratio of 5:3:2, respectively.ABC Partnership Statement of Liquidation December 31, 2020 Non- Carla. Anita. Banana, Carla. Particulars Cash cash Liabilities Loan Capital Capital Capital Assets GENERAL JOURNAL POST DATE PARTICULARS DEBIT CREDIT REF 2 3 60 / M A W N -3. Preformulation studies In new drug discoveries and in generic drug formulation: Definition and explanation of preformulation, the tools and methods used in preformulation. Compatibility tests, polymorphism in drug crystals, solubility, dissolution, intrinsig dissolution, stability, solid state stability.QUESTION 13 What are the problematic characteristics of forward contracts that have led to the emergence of futures contracts? QUESTION 14 Why does the risk of default arise in forward contracts? QUESTION 15 What is meant by the liquidity of a forward contract? QUESTION 16 Explain why forward contracts are used primarily for hedging, whereas futures contracts are used primarily for speculation. QUESTION 17 Distinguish between a currency swap and an interest swap.Question 9 1 pts What is the probability that more than 7 motorists had only a third-party insurance? (Provide your answer to 4 decimal places) D Question 10 1 pts What is the expected number of these vehicles that have only a third-party insurance? (Provide your answer to 2 decimal places) Question 11 1 pts What is the variance for the number of vehicles that have only a third-party insurance? (Provide your answer to 4 decimal places)