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Jane Invests $8,000 for a One-Fourth Interest in a Partnership

Question 94

Multiple Choice

Jane invests $8,000 for a one-fourth interest in a partnership in which the other partners have capital totaling $16,000 before admitting Jane.After distribution of the bonus,Jane's capital is:


A) $4,000.
B) $6,000.
C) $8,000.
D) $10,000.

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