ed Question 2 15 points B invests 60000 for a 20 percent int

ed Question 2 (1.5 points) B invests $60,000 for a 20 percent interest in a partnership that has total capital of $200,000 after admitting B. Which of the following is true? A) The original partners received a bonus of $20,000 B) B received a bonus of $20,000 C) B\'s capital is $28,000 D) B\'s capital is $60,000

Solution

B invest $ 60000 for 20% interest in partnership firm whose capital after admitting B is 20000

20% of 200,000 is $40000 and B paid 60000, hence the original parter received bonus of $ 20000 (60000-40000)

Correct option is A