Multiple Choice
Jane invests $5,000 for a one-fourth interest in a partnership in which the other partners have capital totaling $20,000 before admitting Jane.After distribution of the bonus,Jane's capital is:
A) $4,000.
B) $6,000.
C) $8,000.
D) $6,250.
Correct Answer:
Verified
Correct Answer:
Verified
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