REFERENCE: 10-08
White,Sands,and Luke Has the Following Capital Account Balances $\begin{array} {ccc} && \text { White } & \text { Sands } & \text { Luke } \\\end{array}$

question 17

Short Answer

REFERENCE: 10-08
White,Sands,and Luke has the following capital account balances and profit and loss ratios:
$60,000 (30%);$100,000 (20%);and $200,000 (50%).
The partnership has received a predistribution plan.
-How would $200,000 be distributed?
$\begin{array} {ccc} && \text { White } & \text { Sands } & \text { Luke } \\\end{array}$
A) $\begin{array} {ccc} & \$ 60,000 & \$ 40,000 & \$ 100,000 \\\end{array}$
B) $\begin{array} {ccc} & \$ 6,000 & \$ 44,000 & \$ 150,000 \\\end{array}$
C) $\begin{array} {ccc} & \$ 48,148 & \$ 65,432 & \$ 86,420 \\\end{array}$
D) $\begin{array} {ccc} & \$ 12,000 & \$ 68,000 & \$ 120,000 \\\end{array}$
E) $\begin{array} {ccc} & \$ 60,000 & \$ 100,000 & \$ 40,000 \\\end{array}$

• A)\(\begin{array} {ccc} & \$ 60,000 & \$ 40,000 & \$ 100,000 \\\end{array}\)
• B) \(\begin{array} {ccc} & \$ 6,000 & \$ 44,000 & \$ 150,000 \\\end{array}\)
• C) \(\begin{array} {ccc} & \$ 48,148 & \$ 65,432 & \$ 86,420 \\\end{array}\)
• D) \(\begin{array} {ccc} & \$ 12,000 & \$ 68,000 & \$ 120,000 \\\end{array}\)
• E) \(\begin{array} {ccc} & \$ 60,000 & \$ 100,000 & \$ 40,000 \\
• \end{array}\)

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Definitions:

CFC

Chlorofluorocarbons, compounds containing carbon, chlorine, and fluorine, known for their role in ozone depletion.

O3

Ozone; a molecule composed of three oxygen atoms, significant as a protective layer in the Earth's stratosphere and as a pollutant at ground level.

Biosphere Reserves

Zones designed and set aside to protect biodiversity, promote sustainable development, and foster research and conservation education.

In Situ Conservation

The practice of conserving biodiversity in its natural habitat or original location, focusing on protecting the ecosystems and natural processes.