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Case 4: D wants to infuse capital to the partnership for a 10% interest in the net assets and profits. The partners determine that the net assets are fairly valued except for land carried at P365,000 but has a fair value of P410,000. If no bonus is to be given to any partner, how much is D's required investment?

Case 4: D wants to infuse capital to the partnership for a 10% interest in the net assets and profits. The partners determine that the net assets are fairly valued except for land carried at P365,000 but has a fair value of P410,000. If no bonus is to be given to any partner, how much is D's required investment?

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Pls enlighten me about case 4

| balances: A (60%) P100,000; B (30%) P60,000; and C (10%) P20,000. A, B and C are partners with the following P/L ratio and capital
Transcribed Image Text:| balances: A (60%) P100,000; B (30%) P60,000; and C (10%) P20,000. A, B and C are partners with the following P/L ratio and capital
Case 4: D wants to infuse capital to the partnership for a 10% interest in the net assets and profits. The partners determine that the net assets are fairly valued except for land carried at P365,000 but has a fair value of P410,000. If no bonus is to be given to any partner, how much is D's required investment?
Transcribed Image Text:Case 4: D wants to infuse capital to the partnership for a 10% interest in the net assets and profits. The partners determine that the net assets are fairly valued except for land carried at P365,000 but has a fair value of P410,000. If no bonus is to be given to any partner, how much is D's required investment?
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