Three people form a partnership. A invests $10,000; B, $25,000; and C, $35,000. If they share net
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Three people form a partnership. A invests $10,000; B, $25,000; and C, $35,000. If they share net income of $100,000 based on their original investments, what is the profit sharing ratio, and how much would each partner receive?
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Private enterprise the ownership of businesses by private individuals is a hallmark of the US economy When people think of businesses often giants like WalMart Microsoft or General Motors come to mind ...View the full answer
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