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FULL SCREEN PRINTER VERSION eBACK Multiple Choice Question 115 In liquidation, balances prior to the distribution of cash to the partners are: Cash $899000: Peterson,

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FULL SCREEN PRINTER VERSION eBACK Multiple Choice Question 115 In liquidation, balances prior to the distribution of cash to the partners are: Cash $899000: Peterson, Capital $426000; Laney, Capital $401000, and Howell, Capital $72000. The income ratio is 6:212, respectively, How much cash should be distributed to Peterson? O $426000 O $450000 O $390000 O $417000 Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 2 used SAVE FOR LATER SUBMIT ANSWER FULL SCREEN PRINTER VERSION BACK NEXT Multiple Choice Question 118 In liquidation, balances prior to the distribution of cash to the partners are: Cash $203100; Paley, Capital $113000, Stengel, Capital $103300, and King, Capital $13200 deficiency. The income ratio is 6:2:2, respectively, How much cash should be distributed to Stengel if King does not pay his deficiency? O $100000 O $96700 O $103300 O $93400 Click if you would like to Show Work for this question: Open Show Work

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