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Barney Chang is interviewing Web developers for his company. Over lunch, he tells you that his top candidate showed lots of enthusiasm when he first entered the office. "His tone and attitude really showed an interest in the job," Barney said. "And he just looked confident and composed. Unlike some other candidates, he looked me right in the eye when he answered some tough questions." What is Barney impressed by about this candidate?
General Partner
An owner of a partnership who has unlimited liability and is active in the management of the partnership.
Capital Balance
The amount of money that a partner has invested in a partnership minus any withdrawals or distributions.
Capital Equity
The amount of owners' equity in a firm, representing the residual interest in the assets of the entity after deducting liabilities.
Partnership Income
The earnings distributed to partners in a partnership based on the partnership agreement or ownership percentage.
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