A=The amount of tangible assets contributed by the new partner into the partnershipB=The amount of capital credited to the new partnerC=Total capital of the partnership before the admission of a new partnerD=Total capital of the partnership after the admission of a new partnerRefer to the above information. Which statement below is correct if a new partner purchases an interest in capital directly from the old partners?
A. C = D
B. C < D
C. C = D and B = A
D. C < D and B = A
Answer: A
You might also like to view...
Which of the following structures is classified as a nucleic acid?
A. myosin B. glycerol C. cytosine D. glucose E. RNA
This question has two parts; be sure to answer both. First, give examples of two forces outside an organization and two forces inside that would be likely indicators of a need for change. Next, imagine that you run a small downtown store, On the Board, that specializes in selling board games from around the world. Explain how each of the forces you identified might affect your business.
What will be an ideal response?
The ________ is regarded by many as the United States' most influential piece of environmental legislation
A) National Environmental Policy Act of 1970 B) Pollution Prevention Act of 1990 C) National Emissions Standards Act of 1965 D) Environmental Quality Improvement Act of 1970
Which of the following is needed to create a valid contract?
A) an invitation to treat B) serious intention C) equal consideration for each party D) option E) all of the above