Solved

A Law Firm Has 3 Partners

Question 128

Multiple Choice

A law firm has 3 partners. The first partner owns A law firm has 3 partners. The first partner owns of the business, the second partner owns of the business and the third partner owns of the business. The business is worth $1.5 million dollars. A new partner is introduced who contributes an additional $300,000 and owns of the total value of the new business. What are the new values for the first to the third original partners? A) 1-$476000, 2-$540000, 3-$424000 B) 1-$526000, 2-$590000, 3-$424000 C) 1-$576000, 2-$540000, 3-$324000 D) 1-$576000, 2-$450000, 3-$414000 E) 1-$576000, 2-$490000, 3-$424000 of the business, the second partner owns A law firm has 3 partners. The first partner owns of the business, the second partner owns of the business and the third partner owns of the business. The business is worth $1.5 million dollars. A new partner is introduced who contributes an additional $300,000 and owns of the total value of the new business. What are the new values for the first to the third original partners? A) 1-$476000, 2-$540000, 3-$424000 B) 1-$526000, 2-$590000, 3-$424000 C) 1-$576000, 2-$540000, 3-$324000 D) 1-$576000, 2-$450000, 3-$414000 E) 1-$576000, 2-$490000, 3-$424000 of the business and the third partner owns A law firm has 3 partners. The first partner owns of the business, the second partner owns of the business and the third partner owns of the business. The business is worth $1.5 million dollars. A new partner is introduced who contributes an additional $300,000 and owns of the total value of the new business. What are the new values for the first to the third original partners? A) 1-$476000, 2-$540000, 3-$424000 B) 1-$526000, 2-$590000, 3-$424000 C) 1-$576000, 2-$540000, 3-$324000 D) 1-$576000, 2-$450000, 3-$414000 E) 1-$576000, 2-$490000, 3-$424000 of the business. The business is worth $1.5 million dollars. A new partner is introduced who contributes an additional $300,000 and owns A law firm has 3 partners. The first partner owns of the business, the second partner owns of the business and the third partner owns of the business. The business is worth $1.5 million dollars. A new partner is introduced who contributes an additional $300,000 and owns of the total value of the new business. What are the new values for the first to the third original partners? A) 1-$476000, 2-$540000, 3-$424000 B) 1-$526000, 2-$590000, 3-$424000 C) 1-$576000, 2-$540000, 3-$324000 D) 1-$576000, 2-$450000, 3-$414000 E) 1-$576000, 2-$490000, 3-$424000 of the total value of the new business. What are the new values for the first to the third original partners?


A) 1-$476000, 2-$540000, 3-$424000
B) 1-$526000, 2-$590000, 3-$424000
C) 1-$576000, 2-$540000, 3-$324000
D) 1-$576000, 2-$450000, 3-$414000
E) 1-$576000, 2-$490000, 3-$424000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q121: Penny earned $26 000 in 2007. If

Q123: The Canadian CPI was 109.1 in 2006

Q123: Calculate: Calculate: %</p></div><svg width=

Q126: How many Canadian dollars can you buy

Q130: 12% of what number is 144?
A) 17.28
B)

Q130: $165.00 is what percentage less than $247.50?
A)

Q131: Cindi's annual incomes for 2002, 2006, and

Q131: Use the 2010 federal income tax brackets

Q133: Use the 2010 federal income tax brackets

Q139: What is the price of gasoline per

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents