Examlex
Round off the following decimal to the nearest tenth.
3.539 = _____
Old Partnership
A previously established business arrangement where two or more individuals agree to share the profits and losses of a business venture.
Incoming Partner
A new partner who is admitted to a partnership, often contributing capital or assets to the existing partnership.
Capital Balance
The amount of money that investors have contributed to a company plus retained earnings, less any withdrawals.
Fair Market Value
The price at which an asset would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of relevant facts.
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