Question
Keith and Jim are partners. Keith has a Capitol of 47000 and Jim has a capitol balance of 42000. Bill invested 27000 to aquire an
Keith and Jim are partners. Keith has a Capitol of 47000 and Jim has a capitol balance of 42000. Bill invested 27000 to aquire an ownership intrest of 40%. Which of the following statements is true of this transaction?
A-- Bill recieved a bonus of 19,400
B-- Bill recieved a bonus of 6,267
C-- Keith and Jim recieved a bonus of 9,700 each
D-- Keith and Jim recieved bonus of 3,134 each
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AML Auditing Understanding Transaction Monitoring
Authors: Bob Walsh
1st Edition
1539519740, 978-1539519744
