Answered

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Samuel and Darci are partners. The partnership capital for Samuel is $61,400 and that of Darci is $86,300. Josh is admitted as a new partner by investing $52,900 cash. Josh is given a 20% interest in return for his investment. The amount of the bonus to the old partners is

Sagot :

Answer: $12780

Explanation:

From the information given, the total capital for the partnership is calculated as:

= $61400 + $86300 + $52900

= $200600

Josh's share = 20% × $200600

= 20/100 × $200600

= 0.2 × $200600

= $40120

The amount of the bonus to the old partner would be:

= $52900 - $40120

= $12780

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