How much do the partnership net assets increase

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Question - Steve Renn decides to invest $25,000 in a partnership for a one-sixth capital interest. How much do the partnership's net assets increase? Does Renn also acquire a one-sixth income ratio through this investment?

Reference no: EM132608578

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How much do the partnership net assets increase : Steve Renn decides to invest $25,000 in a partnership for a one-sixth capital interest. How much do the partnership's net assets increase
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