Business, 30.03.2020 20:40 esekvng1596

Clarence and Clay are partners who share income in the ratio of 2:3 and have capital balances of $50,000 and $30,000, respectively. Miguel is admitted to the partnership and is given a 40% interest by investing $30,000. What is Clarence's capital balance after Miguel is admitted

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Clarence and Clay are partners who share income in the ratio of 2:3 and have capital balances of $50...

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