In the AD Partnership,Allen's Capital Is $140,000 and Daniel's Is

question 31

Multiple Choice

In the AD partnership,Allen's capital is $140,000 and Daniel's is $40,000 and they share income in a 3:1 ratio,respectively.They decide to admit David to the partnership.Each of the following questions is independent of the others.
-Refer to the information provided above.David invests $40,000 for a one-fifth interest in the total capital of $220,000.What are the capital balances of Allen and Daniel after David is admitted into the partnership?

• A)Option A
• B)Option B
• C)Option C
• D)Option D

---

Definitions:

Cooperation

The process of working together towards a common goal, often requiring communication and coordination among participants.

Social Responsibilities

The idea that individuals and organizations must behave ethically and with sensitivity towards social, cultural, economic, and environmental issues.

Diffused

Describes something that is spread out or scattered, often used in the context of light, particles, or information.

Win-win Solution

refers to a conflict resolution or negotiation outcome where all parties benefit or experience success.