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Assume that C agrees to pay $30,000 each to A and B for 25% of their interest in the AB partnership. At the time of
Assume that C agrees to pay $30,000 each to A and B for 25% of their interest in the AB partnership. At the time of admission of C, each partner has a $30,000 capital balance. based on this information, capital ratio for A, B and C respectively will be:
Select one: a. 37.5%, 37.5% and 25% b. 50%, 30% and 20% c. 33 1/3%, 33 1/3%, and 33 1/3% d. 50%, 25%, and 25%
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