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The capital balances prior to the liquidation of the xyz

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The capital balances, prior to the liquidation of the XYZ partnership, were as follows:X, Y, and Z share profits and losses in the ratio of 5:3:2. As a result of a loan, the partnership owes Y $80,000. Using the information above, which partner has the highest Loss Absorption Power (LAP) prior to liquidation?

Reference no: EM13580022

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