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The Following Information Is Available on PDC Enterprises,a Partnership,for the Most

Question 37

Multiple Choice

The following information is available on PDC Enterprises,a partnership,for the most recent fiscal year: The following information is available on PDC Enterprises,a partnership,for the most recent fiscal year: There are three partners in TGR Enterprises: Pearson,Darling and Cathay.At the end of the year,the partners' capital accounts were in the ratio of 2:2:1,respectively.Compute the ending capital balances of Cathay. A) $466,000. B) $402,000. C) $416,000. D) $544,000. E) $388,000. There are three partners in TGR Enterprises: Pearson,Darling and Cathay.At the end of the year,the partners' capital accounts were in the ratio of 2:2:1,respectively.Compute the ending capital balances of Cathay.


A) $466,000.
B) $402,000.
C) $416,000.
D) $544,000.
E) $388,000.

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