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A Law Firm Has 3 Partners

Question 126

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. 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. 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. 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. 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. 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

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