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What will be the final cash distribution to alvaro

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The condensed statement of financial position is provided for Alvaro and Ampil Company, immediately prior to its liquidation:

Cash 200,000

Non cash assets 100,000

Liabilities 20,000

Alvaro, Capital 100,000

Ampil, Capital 180,000

Question 1: If non cash assets are sold for 180,000 and Alvaro and Ampil share profits and losses equally, what will be the final cash distribution to Alvaro?

Reference no: EM132856896

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