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Nettles, king, and tanaka are partners sharing income 3:2:1. after the firm's loss from liquidation is distributed, the capital account balances were: nettles, $48,000 dr.; king, $178,000 cr.; and tanaka, $124,000 cr. if nettles is personally bankrupt and unable to pay any of the $48,000, what will be the amount of cash received by king and tanaka upon liquidation? if an amount is zero, enter in 0. use the minus sign to indicate any deficiencies.

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Kalahira
So the total ratio amounts to 3,2,1 which add up to 8. At liquidation the total capital amounts to 178,000 - 124,000 = $56,000. Initially Nettle's share amounts to 3/6 * 56,000 = $28,000. Nettles doesn't receive anything. He still owes $48,000 - 28,000 = $20,000 while King receives 2/6 * $56,000 = $18, 667 and Tanaka 3/6 * $56,0000 = $28,000

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