On January 1, 2018, RRR Partnership entered into liquidation. The partners' capital balances on this date were as follows: Rowena (25%) P2,500,000; Roxanne (35%) P5,400,000; and Rodora (40%) P3,700,000. The partnership has liabilities amounting to P4,400,000 including a loan from Roxanne in the amount of P600,000. Cash on hand prior to the liquidation process is P800,000. Roxanne received P2,255,000 in full settlement of his interest. How much was the loss from the realization of noncash assets? * O 9,945,000 O 10,700,000 O 5,255,000 ) 10,525,000

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Loanable Funds Theory

The loanable funds theory is a neoclassical theory that determines the interest rate where the demand for loanable investments and supply of loanable funds intersect. To determine the interest rate, this theory employs linear regression and a demand curve. At the equilibrium point, demand for borrowings and demand for the issuance of borrowing funds are inextricably linked. This point of equilibrium should equalize demand and the supply of money available for borrowing.