1. Bower does not believe it would be worth it to him to admit a new partner unless his allocation of income increased by at least $10,000 over that which existed under the original partnership...


1. Bower does not believe it would be worth it to him to admit a new partner unless his allocation of income increased by at least $10,000 over that which existed under the original partnership agreement. What would the average annual profit of the new partnership have to be in order for Bower to accept the idea of admitting a new partner?

Nov 22, 2021
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