Hamdhi and Yusuf formed a partnership on January 1, 2020. Hamdhi and Yusuf each invested $20,000 cash, plus Hamdhi contributed machinery with a value of $9,000, account receivable valued at $4,500 and a note payable of $5,000. Yusuf brought a vehicle worth $10,000 and equipment $2,000.

What is the value of the initial investment by Hamdhi?

Answer rating: 100% (QA)

To find the value of the initial investment by Hamdhi we need to add up the cash and t... View the full answer