Sarah and Jane Formed a Partnership with Capital of $210,000

question 67

Multiple Choice

Sarah and Jane formed a partnership with capital of $210,000 and $126,000, respectively. Peter contributed $84,000 to acquire an ownership interest of 14% in the new partnership. How much is the total bonus for the existing partners?

• A)$84,000
• B)$25,200
• C)$58,800
• D)$12,600

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Definitions:

Cyberbullying

The use of digital technologies, such as the internet and mobile phones, to bully, harass, or intimidate others.

Social Psychological

Pertaining to how individual thoughts, behaviors, and feelings are influenced by the social environment and interactions.

Cognitive Dissonance

Cognitive dissonance is the mental discomfort experienced by a person who holds two or more contradictory beliefs, ideas, or values at the same time.

Interpersonal Skills

Encompass the abilities and behaviors a person uses to interact effectively with others, including communication, listening, empathy, and conflict resolution.