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The Partners' Capital Statement for the United Center Reported the Following

Question 95

Multiple Choice

The Partners' Capital Statement for the United Center reported the following information in total: The Partners' Capital Statement for the United Center reported the following information in total:   The partnership has three partners: Kent, Hall, and Penn with ending capital balances in a ratio 40:20:40. What are the respective ending balances of the three partners? A)  Kent, $80,000; Hall, $40,000; Penn, $80,000. B)  Kent, $72,000: Hall, $36,000; Penn, $72,000. C)  Kent, $136,000; Hall, $68,000; Penn, $136,000. D)  Kent, $90,000; Hall, $48,000; Penn, $90,000. The partnership has three partners: Kent, Hall, and Penn with ending capital balances in a ratio 40:20:40. What are the respective ending balances of the three partners?


A) Kent, $80,000; Hall, $40,000; Penn, $80,000.
B) Kent, $72,000: Hall, $36,000; Penn, $72,000.
C) Kent, $136,000; Hall, $68,000; Penn, $136,000.
D) Kent, $90,000; Hall, $48,000; Penn, $90,000.

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