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Mathew,Patrick,and Robin and Have Capital Balances of $75,000,$125,000 and $93,000,respectively

question 40

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Mathew,Patrick,and Robin and have capital balances of $75,000,$125,000 and $93,000,respectively.As per the partnership agreement,Mathew gets a profit share of 2/9;Patrick gets 4/9;and Robin gets 3/9.Partnership agrees to pay $65,000 as final settlement to Mathew.How much bonus will Robin receive as a result of this transaction?

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Definitions:

Learning Curve

The concept that people and organizations become more efficient at a task over time, leading to improved performance and reduced costs.

Learning Rates

The speed at which learning progresses, often used to describe how quickly an individual or system improves performance with experience.

Logarithmic Approach

A mathematical method involving the use of logarithms to solve equations or analyze situations more efficiently.

Learning Rate

The rate at which learning and efficiency improve with experience in a process or task, often resulting in reduced time and cost with increased production.

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