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Lambert invests $14,586 for a 1/3 interest in a partnership in which the other partners have capital totaling $34,605 before admitting Lambert. After distribution of
Lambert invests $14,586 for a 1/3 interest in a partnership in which the other partners have capital totaling $34,605 before admitting Lambert. After distribution of the bonus, what is Lambert's capital?
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Financial Analysis with Microsoft Excel
Authors: Timothy R. Mayes, Todd M. Shank
7th edition
1285432274, 978-1305535596, 1305535596, 978-1285432274
