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1. Suppose I'm a limited partner in a partnership company. The total asset is $8000 while the total debt is $6000. And my share in

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1. Suppose I'm a limited partner in a partnership company. The total asset is $8000 while the total debt is $6000. And my share in this firm is 30%. Other partners are general partners. (20 scores) a. What is the value of the equity for this firm? b. Now the market value of the total asset decreased to $6000. If the firm is going to bankruptcy, how much money I will lose due to this firm? How much money other partners will lose due to this firm? C. If the firm is considering investing in a project which I'm familiar with, can I participate in the operation of this investment of the firm? Why? d. If one of these general partners bought a laptop with firm's cash without telling others, it costs the firm $2000. After that, the board built up a monitoring system. It costs the firm $3000. What is the name of this kind of problem? How much is the cost related to this

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