Sam McGuire and Marcos Valle Are Partners,and Each Has a Capital

question 14

Multiple Choice

Sam McGuire and Marcos Valle are partners,and each has a capital balance of $50,000.To gain admission to the partnership,Scott Jordan pays $35,000 directly to Valle for one-half of his equity.After the admission of Jordan,the total partners' equity in the records of the partnership will be

• A) $50,000.
• B) $67,500.
• C) $85,000.
• D) $100,000.

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Definitions:

Autotroph

Autotrophs are organisms that produce their own food from inorganic substances using light or chemical energy, forming the base of the food chain in ecosystems.

Heterotrophs

Organisms that obtain their energy by consuming other organisms, unable to synthesize their own food from inorganic sources.

Tertiary Consumer

An organism that typically eats secondary consumers, residing at or near the top of a food chain and usually a carnivore or an omnivore.

Ecological Efficiency

A measure of the energy transfer between different trophic levels in an ecosystem, typically representing how much energy from a lower level is available for use at the next level.