Sara Invests $120,000 for a 30 Percent Interest in a Partnership

question 30

Multiple Choice

Sara invests $120,000 for a 30 percent interest in a partnership in which the other partners have capital totaling $200,000 before admitting Sara.After distribution of the bonus,what is Sara's capital balance?

• A)$60,000
• B)$96,000
• C)$120,000
• D)$144,000

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Definitions:

Dalton's Law

The principle that the total pressure exerted by a mixture of gases is equal to the sum of the pressures that each would exert if it were present alone.

Partial Pressures

The pressure that a single gas in a mixture of gases would exert if it alone occupied the entire volume of the mixture.

Total Pressure

The combined pressure exerted by a mixture of gases in a container, equal to the sum of the pressures that each gas would exert if it were alone.

Gases

States of matter consisting of particles that have neither a defined volume nor shape, able to expand freely to fill any space available, such as oxygen and nitrogen.