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Lambert Invests $20,000 for a 1/3 Interest in a Partnership

question 108

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Lambert invests $20,000 for a 1/3 interest in a partnership in which the other partners have capital totaling $34,000 before admitting Lambert. After distribution of the bonus, what is Lambert's capital?

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Definitions:

Epigenesis

The process by which a new phenotypic form emerges through the interactions of the preceding form and its current environment.

Zygote

The earliest developmental stage of an embryo, formed when a sperm cell fertilizes an egg cell, which then begins to divide and grow.

Germinal Period

The initial two weeks of prenatal development following conception, characterized by rapid cell division and the beginning of cell differentiation.

Implantation

The process by which a fertilized egg attaches to the lining of the uterus to begin pregnancy.

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