The Following Information Is Available on PDC Enterprises,a Partnership,for the Most

question 37

Multiple Choice

The following information is available on PDC Enterprises,a partnership,for the most recent fiscal year: There are three partners in TGR Enterprises: Pearson,Darling and Cathay.At the end of the year,the partners' capital accounts were in the ratio of 2:2:1,respectively.Compute the ending capital balances of Cathay.

• A)$466,000.
• B)$402,000.
• C)$416,000.
• D)$544,000.
• E)$388,000.

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Definitions:

Vocal Babbling

The production of repetitive syllables and sounds by infants, which precedes the development of language skills.

Telegraphic Speech

The early language stage in children where sentences are constructed with only essential words and meaning, resembling telegraph messages.

Cross-Cultural

Relating to or involving two or more cultures, especially to compare differences and similarities.

Western Cultures

Refers to societies primarily found in Europe, North America, Australia, and New Zealand characterized by democratic systems, individualism, and a historical influence of Christianity.