Mathew,Patrick and Robin and Have Capital Balances of $78,000,$125,000 and $90,000,respectively.As

question 50

Multiple Choice

Mathew,Patrick and Robin and have capital balances of $78,000,$125,000 and $90,000,respectively.As per the partnership agreement,Mathew gets a profit share of 2/9;Patrick gets 4/9;and Robin gets 3/9.Partnership agrees to pay $62,000 as final settlement to Mathew.How much bonus will Robin receive as a result of this transaction?

• A)$8889
• B)$6857
• C)$7111
• D)$9143

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Definitions:

Concrete

a construction material composed of cement, aggregate (like sand and gravel), water, and often admixtures, used for building structures due to its strength.

Decision-making Process

The cognitive process resulting in the selection of a belief or a course of action among several possible alternatives.

Alternative Courses

Options or paths available for action or decision-making in various contexts, such as education, career, or planning strategies.

Recognize Problem

The process of identifying issues or challenges that need to be addressed.