What sffect will the sale of treasury Mock have on carings per share Decrease Increase No effect Increase numerator and decreasedena Benefits paid to retired employees increases a pension expense b. the plan assets c. PBO d. OCI e. None of the above In a partnership liquidation, the final cash distribution to partners is made in accordance with the a)partner's income sharing ratio b)balances of partners' capital accounts c)ratio of original investments by partners dratio of original investments less withdrawals by partners Use the following information for questions 455 The following balance sheet was prepared for ABC Partnership whose partner's share net income and losses in the ratio of 3:11 respective Cash $ 40,000 Other assets 140,000 Liabilities $70,000 Abe, Capital 50,000 Ben, Capital 50,000 Cher, Capital 10.000 $180,000 Totals $180,000 The partners liquidate the partnership. Other assets are realized for $80,000 if Cher is insolvent, how much cash will Ben receive? a. $37,500 b. $37,000 c. $38,000 d. $50,000 5 ) How much cash must be realized from other assets in order for Cher not to have a capital deficit? a. $90,000 b. $82,000 c. $78.000 d. $70,000 e. It cannot be computed