Shirley had a three-sevenths interest in a partnership. She sold three-fifths of her interest for $27,000. a.

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Shirley had a three-sevenths interest in a partnership. She sold three-fifths of her interest for $27,000.
a. What is the implied value of Shirley’s remaining partnership interest?
b. What is the implied value of the entire partnership?
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...
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