Mariam, Sabah and Fatima are partners with capital balances of $40,000, $60,000 and $50,000 respectively. They...

 

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Mariam, Sabah and Fatima are partners with capital balances of $40,000, $60,000 and $50,000 respectively. They find that Atrah, a new partner, is a talented engineer with an experience useful for the company. Afrah accepts joining them as a new partner and ready to contribute $10,000 for an equity share of 25% Afrah's capital balance would be: CA $2,500 OF $37,500 OC $10,000 OD. $40,000 Mariam, Sabah and Fatima are partners with capital balances of $40,000, $60,000 and $50,000 respectively. They find that Atrah, a new partner, is a talented engineer with an experience useful for the company. Afrah accepts joining them as a new partner and ready to contribute $10,000 for an equity share of 25% Afrah's capital balance would be: CA $2,500 OF $37,500 OC $10,000 OD. $40,000

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Atrahs 10000 equity share would be 40000 Fatima and Mariam have capital balances of 50000 and 60000 respectively Mariam and Fatima want to add Atrah as a partner Atrah is an experienced engineer with a useful skill set for the company Afrah has no debt or equity in the company at this point in time so her capital balance ... View the full answer