Business, 03.09.2019 17:20 asianaenaeh

The partnership of anderson, berry, hammond, and winwood is being liquidated. it currently holds cash of $20,000 but no other assets. liabilities amount to $30,000. the capital balances are anderson (40% of profits and losses) $ 20,000 berry (30%) 12,000 hammond (20%) (17,000 ) (deficit) winwood (10%) (25,000 ) (deficit) a. if both hammond and winwood are personally insolvent, how much money must berry contribute to this partnership? b-1. if only winwood is personally insolvent, how much money must hammond contribute? b-2. if only winwood is personally insolvent, how will hammond's contribution (funds) be disbursed? c. if only hammond is personally insolvent, how much money should anderson receive from the liquidation?

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The partnership of anderson, berry, hammond, and winwood is being liquidated. it currently holds cas...

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