If the value of a partnership is worth far more than the book value of the assets on the balance sheet, would a new partner entering the partnership be more likely to pay a bonus to the old partners or receive a bonus from the old partners ...

The new partner would more likely pay a bonus to the o ...

If the value of a partnership is worth far more than the book value of the assets

Question:

If the value of a is worth far more than the book value of the assets on the balance sheet, would a new partner entering the be more likely to pay a bonus to the old partners or receive a bonus from the old partners?

Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...