Keith and Jim Are Partners

question 83

Multiple Choice

Keith and Jim are partners.Keith has a capital balance of $50,000 and Jim has a capital balance of $38,000.Bill invested a building worth $30,000 to the partnership for an ownership interest of 20%.How much is the total bonus for the existing partners?

• A)$30,000
• B)$6400
• C)$15,000
• D)$8000

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Definitions:

Sound Waves

Sounds that move through air or a different substance and become audible when they arrive at a person's or animal's eardrum.

Frequencies

The rate at which a vibration occurs that constitutes a wave, either in a material (as in sound waves) or in an electromagnetic field (as in radio waves and light), usually measured in hertz.

Hz

Hertz, a unit of frequency in the International System of Units (SI) that measures the number of cycles per second of any periodic event.

Temporal Lobe

A region of the cerebral cortex involved in processing auditory information and is also important in understanding language, learning, and memory.