Jorge paid $ 10,000 for a 20% interest in a partnership, which has a net capital of

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Jorge paid $ 10,000 for a 20% interest in a partnership, which has a net capital of $ 56,000 (including Jorge's contribution). How much is Jorge's stake in the Company?

Posted Date: Jul 10, 2024 06:14 AM

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Jorge paid $ 10,000 for a 20% interest in a partnership, which has a net capital of

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