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The following condensed balance sheet is for the partnership of Hardwick, Saunders, and Ferris, ratio of 4: 3: 3, respectively: The partners decide to liquidate

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The following condensed balance sheet is for the partnership of Hardwick, Saunders, and Ferris, ratio of 4: 3: 3, respectively: The partners decide to liquidate the partnership. Fifty percent of the other assets are sold for $260 liquidation at this point in time. The following condensed balance sheet is for the partnership of Hardwick, Saunders, and Ferris, ratio of 4: 3: 3, respectively: The partners decide to liquidate the partnership. Fifty percent of the other assets are sold for $260 liquidation at this point in time

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