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Rex and Sandy Are Partners

Question 3

Multiple Choice

Rex and Sandy are partners.Rex has a capital balance of $380,000 and Sandy has a capital balance of $250,000.Marcus invests a building worth $200,000 to acquire interest in the new partnership.How much will be the partnership share of Marcus after he makes the investment? (Assume no bonus to any partner. )


A) 30.1%
B) 24.1%
C) 45.8%
D) 21.7%

Correct Answer:

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