Keith and Jim Are Partners

question 38

Multiple Choice

Keith and Jim are partners.Keith has a capital balance of $51,000 and Jim has a capital balance of $37,000.Bill invested $27,000 to acquire an ownership interest of 30%.Which of the following statements is true of this transaction?

• A)Keith and Jim received a bonus of $2550 each.
• B)Keith and Jim received a bonus of $3750 each.
• C)Bill received a bonus of $5100.
• D)Bill received a bonus of $7500.

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Definitions:

Gender Identities

The personal sense of one's own gender, which may or may not correspond with their birth sex, encompassing a broad spectrum of identities.

Gender Roles

Refers to the societal norms dictating the types of behaviors considered acceptable, appropriate, or desirable for people based on their actual or perceived sex or gender.

Third-wave Feminists

Feminists who focus on diversity and the individual, challenging the definitions of femininity and gender, often emphasizing social justice and intersectionality.

First Wave

The earliest period of feminist activism, from the mid-nineteenth century until American women won the right to vote in 1920.