Gary,Peter and Chris and Have Capital Balances of $27,000,$43,000,and $31,000,respectively

question 14

Multiple Choice

Gary,Peter and Chris and have capital balances of $27,000,$43,000,and $31,000,respectively.As per the partnership agreement,Gary gets a profit share of 2/9;Peter gets 4/9;and Chris gets 3/9.The partnership agrees to pay $21,000 as the final settlement to Gary.How much bonus does Peter receive as a result of this transaction?

• A)$2667
• B)$3429
• C)$2571
• D)$3333

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Definitions:

N7:2

A specific address or identifier used within certain programming environments, often indicating a numerical data location or type.

Instruction

A command that causes a programmable logic controller to perform one specific operation. The user enters a combination of instructions into the programmable logic controller’s memory to form a unique application program.

FAL Copy

A function used in some software, particularly in industrial applications, for copying blocks of data from one area to another.

File To File

Data or information transfer directly from one digital file to another without intermediary steps.