The annual net income of the SGR partnership is to be distributed so that Sven receives 30%
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The annual net income of the SGR partnership is to be distributed so that Sven receives 30% less than George, and Robert receives 2596 more than George. If the past year's net income was $88,880, what amount should be allocated to each partner?
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Step 2 Sven receives 30 less than George or 70 of Georges share Robert receives ...View the full answer
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Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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