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What is Hooper Hook Capital

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Question - Jamie Holley and Riley Roger share equally in partnership profits. Holley's partnership capital balance is $120,000, and Roger's balance is $180,000. Hooper Hook contributes cash directly to the business of $150,000 to purchase a one-third interest of the company. The three partners will share equally in partnership profits. What is Hooper Hook Capital?

Reference no: EM132927494

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