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Partnership ABC was formed 7 years ago with each partner contributing $100,000 cash. Now, a new partner is looking to invest for $500,000.how would this

Partnership ABC was formed 7 years ago with each partner contributing $100,000 cash. Now, a new partner is looking to invest for $500,000.how would this benefit the new partner? ABC partnership is already very profitable. Would the goodwill method be used in this situation?

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