How alaya eventually will receive cash of

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Reference no: EM132904404

Partners Atero and Alaya each have a P200,000 capital balance and share profits and losses in a 3:2 ratio, respectively. Cash equals P100,000, non-cash assets equal P600,000, and liabilities equal P300,000.

Problem 1: If the non-cash assets are sold for P225,000, and both partners agreed to make up for any capital deficits with personal cash contributions, Alaya eventually will receive cash of

a. 0
b. P50,000
c. P25,000
d. P90,000

Reference no: EM132904404

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