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Question - On January 31, Sally retires from the partnership of Sally, Bill, and Trent. The partner capital balances are Sally, $ 32000; Bill $ 53000; and Trent, $ 23000. The? profit-and-loss-sharing ratio has been? 5:3:2 for Sally, Bill, and Trent, respectively.
Required -
1. Journalize the withdrawal of Sally assuming she receives $ 50000 cash.
2. Journalize the withdrawal of Sally assuming she receives $ 10000 cash.
In each of the following let x(0)= 0.01, x(0)= 0.0105 and t from 0 to 50. (i) Show that x(t + 1)= 2.5x(t)(1 - x(t)) is not sensitive to initial conditions.
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beerbev inc. reported the following operating information for a recent yearnet sales6880000cost of goods
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