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What the admission of robin as a partner will result in

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Problem 1: Eagle and Falcon operate a partnership in which they have agreed to share profits and losses in a ratio of 5:3, respectively. They have agreed to accept Robin as a partner, offering her a 20% partnership share in exchange for an $80,000 cash investment. Prior to her investment, the combined equity of Eagle and Falcon totals $120,000. The admission of Robin as a partner will result in:

a. A bonus of $40,000 to Robin.

b. A bonus of $25,000 to Eagle and $15,000 to Falcon.

c. A bonus of $20,000 each to Eagle and Robin.

d. A bonus of $20,000 each to Eagle and Falcon.

e. No bonus for any of the partners.

Reference no: EM132780702

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