Question

Samuel and Darci are partners. The partnership capital for Samuel is $50,000 and that of Darci is $60,000. Josh is admitted as a new partner by investing $50,000 cash. Josh is given a 20% interest in return for his investment. The amount of the bonus to the old partners is

a. $0

b. $18,000

c. $8,000

d. $10,000

Answer

This answer is hidden. It contains 1 characters.