Mock Is Admitted to a Partnership with a 25% Capital

question 5

Multiple Choice

Mock is admitted to a partnership with a 25% capital interest by a cash investment of $120,000. If total capital of the partnership is $520,000 before admitting Mock, the bonus to Mock is

• A) $40,000.
• B) $20,000.
• C) $60,000.
• D) $80,000.

---

Definitions:

Population Behaviour

The collective actions, reactions, and interactions among individuals within a community or group.

Poisson Distributions

A statistical distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space if these events occur with a known constant rate and independently of the time since the last event.

Arrivals PER Unit

A measure in queue theory or operations research indicating the rate at which entities arrive into a system for processing, per unit of time.

Model C

A specific model or version within a series of designs, products, or frameworks, distinguished by unique features or specifications.