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Lama and Joan sell electronic equipment and supplies through their partnership. They wish to expand their computer lines and decide to admit Marah to the

Lama and Joan sell electronic equipment and supplies through their partnership. They wish to expand their computer lines and decide to admit Marah to the partnership. Lama's capital is $200,000, Joan's capital is $160,000, and they share income in a ratio of 60:40, respectively. Marah invests $100,000 for a 20% interest in the capital and profits/losses. The new partnership profit/loss ratios, after the admission of Marah will be: Question 7Select one: a. Lama 48%; Joan 32%; Marah 20%. b. Lama 42%; Joan 38%; Marah 20%. c. Lama 45%; Joan 35%; Marah 20%. d. Lama 40%; Joan 40%; Marah 20%.

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