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Paul Invests $10,000 Cash in an Equipment Leasing Activity for a 15

Question 23

Multiple Choice

Paul invests $10,000 cash in an equipment leasing activity for a 15% ownership share in the business. The remaining 85% owner is Amanda. Amanda contributes $10,000 and personally borrows $75,000 that she also invests in the business. What are the at-risk amounts for Paul and Amanda? Paul invests $10,000 cash in an equipment leasing activity for a 15% ownership share in the business. The remaining 85% owner is Amanda. Amanda contributes $10,000 and personally borrows $75,000 that she also invests in the business. What are the at-risk amounts for Paul and Amanda?   A)  Option A B)  Option B C)  Option C D) Option D


A) Option A
B) Option B
C) Option C
D) Option D

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