Before Liquidating Any Assets, the Partners Determined the Amount of Cash

question 66

Multiple Choice

Before liquidating any assets, the partners determined the amount of cash available for safe payments.How should the amount of safe cash payments be distributed?

• A) In a ratio of 2:4:4 among all the partners.
• B) $18,333 to Henry and $16,667 to Jacobs.
• C) In a ratio of 1:2 between Henry and Jacobs.
• D) $15,000 to Henry and $10,000 to Jacobs.
• E) $21,667 to Henry and $3,333 to Jacobs.