Question 51 Not yet answered Non-strategic investments usually and out of 100 P iag question Select one: O A. Include shares not intended to be converted into cash and include bonds intended to be held-to-maturity O B. Are purchased for the short-term O C . Include bonds intended to be held-to-maturity O D . Include investments in associates O E. Include shares not intended to be converted into cash Question 52 Wiliam and Smith formed a partnership with Scott who contributed $100,000, William who contributed $30,000, and Smith who contributed $70,000. Their partnership agreement called for the earnings division to be based on the ratio of capital investments. If the partnership had a profit of $475,000 for its first year of operation, how much would be credited to Smith's capital account? Marked out of 100 Flag question Select one: O A $345,000 O B. $166,250 O C. $70,000 O D. $475,000 O E. $130,000