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Adriana and Belen are partners who share income in the ratio of 3:2 and have capital balances of $50,000 and $90,000 at the time they decide to terminate the partnership. After all noncash assets are sold and all liabilities are paid, there is a cash balance of $90,000. How much cash should be distributed to Adriana?

 Feb 11, 2020
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ratio of 3:2 -> Adriana's income is 3x and Belen's income is 2x

 

3x + 2x = 90000

5x = 90000

x = 18000

 

 

Adriana should receive 3x = $54000.

 Jan 29, 2022

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