The percentages shown are the residual profit and loss sharing ratios.The partners dissolved the partnership on July 1,2014,and began the liquidation process.During July the following events occurred:
-The cash available for distribution to the partners on July 31,2014 is
Definitions:
Consumer Needs
The basic or identified wants and requirements that individuals seek to fulfill with products or services.
Boredom
A state of feeling disinterested, weary, or unenthused about an activity or situation, often due to a lack of stimulation or engagement.
Alienation
A condition in social relationships reflected by a low degree of integration or common values and a high degree of distance or isolation between individuals, or between an individual and a group.
Work Organization
The manner in which work is structured and managed within organizations to achieve efficiency and productivity.
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