Allan and Rick Are Partners Who Share Profits and Losses

question 76

Multiple Choice

Allan and Rick are partners who share profits and losses in the ratio of 3:2.They have capital balances of $40,000 and $30,000,respectively.If Tammy invests $25,000 for one-third interest,Tammy's capital balance will be:

• A)$25,000.
• B)$23,750.
• C)$31,667.
• D)$21,667.

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Definitions:

Coercing

The act of compelling or influencing someone to do something by using force or threats.

Information Power

The influence or control over others derived from the possession, access, or control of valuable information.

Framing

The presentation or structuring of information in a particular way to influence perception or decision-making.

Spin

The act of presenting information or a narrative in a particular way, often to influence public perception or opinion.