Keith and Jim Are Partners

question 66

Multiple Choice

Keith and Jim are partners.Keith has a capital balance of $49,000 and Jim has a capital balance of $38,000.Bill invested $33,000 to acquire an ownership interest of 30%.Which of the following statements is TRUE of this transaction? (Round the final answer to the nearest dollar.)

• A) Keith and Jim received a bonus of $1500 each.
• B) Bill received a bonus of $4900.
• C) Keith and Jim received a bonus of $2450 each.
• D) Bill received a bonus of $3000.

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Definitions:

Ideal Body Build

A culturally or personally idealized figure or physique, often based on societal preferences or health indicators.

Emotional Support

Assistance provided to someone to help them manage their emotions or to improve their emotional condition, often in the form of empathy, concern, affection, or encouragement.

Sexual Activity

Behaviors involving physical intimacy or sexual interaction between individuals.

Underweight

A term describing individuals whose body weight is considered too low for optimal health, often below a BMI of 18.5.