When a New Partner's Capital Interest on the Date of Admittance

question 76

Short Answer

When a new partner's capital interest on the date of admittance is less than his or her investment in the firm a ______________ results for the ______________ partner(s).

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Definitions:

Standard Deviation

A measure of the dispersion or spread of a set of values, showing how much variation there is from the average (mean).

Range

The difference between the largest and smallest values in a set of data.

Variance

A measure of variability that describes the spread of a data set or distribution.

Standard Deviation

A measure of the dispersion or variability within a dataset, indicating how spread out the values are from the mean.