Jane Invests $8,000 for a One-Fourth Interest in a Partnership

question 94

Multiple Choice

Jane invests $8,000 for a one-fourth interest in a partnership in which the other partners have capital totaling $16,000 before admitting Jane.After distribution of the bonus,Jane's capital is:

• A)$4,000.
• B)$6,000.
• C)$8,000.
• D)$10,000.

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Definitions:

National Unions

Labor organizations that represent workers from various industries at a national level, advocating for worker's rights, wages, and working conditions.

Shared Interests

Common goals or concerns that unite individuals or groups, often leading to collaboration or collective action.

Industrial Union

Labor union whose members are linked by their work in a particular industry.

Craft Union

A labor union of workers who practice the same craft or trade.