The Following Balance Sheet Information Is for the Partnership of Abele,Boule,and

question 13

Multiple Choice

The following balance sheet information is for the partnership of Abele,Boule,and Cayman: Figures shown parenthetically reflect agreed profit and loss sharing percentages.
If the assets are fairly valued on the above balance sheet and the partnership wishes to admit Dann as a new 1/5 partner without recording goodwill or bonus,Dann should invest cash or other assets of

• A)$427,500.
• B)$240,000.
• C)$300,000.
• D)$342,000.

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Definitions:

AntiAromatic

Describes molecules that do not follow Hückel's rule, often destabilized and non-planar, lacking aromatic stabilization.

NonAromatic

A classification for organic compounds that do not meet the criteria for aromaticity, lacking a conjugated system of pi electrons.

π Network

A system of delocalized π-electrons in a molecule that contributes to its stability, often found in aromatic compounds.

Lone Pair Electrons

Electron pairs in the outermost shell of an atom that are not shared or bonded with another atom, influencing molecular shape and reactivity.