Question
White, Sands, and Luke has the following capital balances and profit and loss ratios: $60,000 (30%), $100,000 (20%) and $200,000 (50%). The partnership has received
White, Sands, and Luke has the following capital balances and profit and loss ratios: $60,000 (30%), $100,000 (20%) and $200,000 (50%). The partnership has received a predistribution plan.
A.How would $90,000 be distributed? The answer is White: 0 Sands: 40,000 Luke: 50,000 please explain!
B. How would 200,000 be distributed? the answer is White :12,000 Sands: 68,000 and Luke 120,000
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Establishing A CGMP Laboratory Audit System A Practical Guide
Authors: David M. Bliesner
1st Edition
0471738409, 978-0471738404
