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Your client would also like you to create a schedule that shows what happens if this partnership is successful and the two partners agree to
Your client would also like you to create a schedule that shows what happens if this partnership is successful and the two partners agree to sell the company in 10 years. For the sake of this calculation, pretend that the partnership's assets in 10 years are $900,000, liabilities are $200,000, your client's capital is $400,000 and his associate's capital is $300,000. Pretend that the partnership assets are sold for $1,200,000, and the liabilities are settled for the existing value of $200,000.
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