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White, Sands, and Luke Has the Following Capital Balances and Profit

Question 54

Multiple Choice

White, Sands, and Luke has the following capital balances and profit and loss ratios:
$60,000 (30%) , $100,000 (20%) and $200,000 (50%) .
The partnership has received a predistribution plan.
-How would $200,000 be distributed?  White  Sands  Luke  A)  $60,000$40,000$100,000 B)  $6,000$44,000$150,000 C)  $48,148$65,432$86,420 D)  $12,000$68,000$120,000 E)  $60,000$100,000$40,000\begin{array} { | l | r | r | r | } \hline & { \text { White } } & { \text { Sands } } & { \text { Luke } } \\\hline \text { A) } & \$ 60,000 & \$ 40,000 & \$ 100,000 \\\hline \text { B) } & \$ 6,000 & \$ 44,000 & \$ 150,000 \\\hline \text { C) } & \$ 48,148 & \$ 65,432 & \$ 86,420 \\\hline \text { D) } & \$ 12,000 & \$ 68,000 & \$ 120,000 \\\hline \text { E) } & \$ 60,000 & \$ 100,000 & \$ 40,000 \\\hline\end{array}


A) Option A
B) Option B
C) Option C
D) Option D
E) Option E

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