How does this change the expected return to each partner

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Reference no: EM133496269

Case: Refer to the "Ch18 Partner" tab in the Excel Workbook provided on the website. Suppose that the split between the limited and general partner is 99 percent for the limited partner and 1 percent for the general partner for equity contributions, income, and allocation of gain. How does this change the expected after tax return to each partner?

Question 1) How does this change the expected return to each partner?

Compare the ORIGINAL RETURNS for the limited partner AND the general partner BEFORE the changes and the NEW RETURNS for the limited partner AND the general partner AFTER the changes are made to the spreadsheet

Question 2) What caused the differences in the Partnership Agreement casue to occur?

Reference no: EM133496269

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