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Time left 1:54:11 Question 21 Not yet answered On November 10, 2020, Maher, Saher, and Taher, partners of Maher, Saher, & Taher LLP, had capital
Time left 1:54:11 Question 21 Not yet answered On November 10, 2020, Maher, Saher, and Taher, partners of Maher, Saher, & Taher LLP, had capital account balances of $40,000, 550,000, and $18,000, respectively, and shared net income and losses in a 4:2:1 ratio respectively, the Capital per unit of income sharing ratio for Maher would be: Marked out of 1.00 P Flag question O a. $20,000 O b. 540,000 O c $25,000 O d. $10,000 Previous page Next page Time left 1:53:59 Question 22 Not yet The condensed separate and consolidated balance sheets of Alpha Corporation and its subsidiary, Bita Company, on the date of their business combination, includes inventories of Alpha $150,000, inventories of Bita $120,000 and inventories consolidated $250,000. The fair value of Bita inventories is: answered Marked out of 1.00 Flag question O a. 5270,000 O b. $100,000 O c. $120,000 O d. $150,000 Previous page Next page
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