Stanton and Tokun agree to work together as partners for a year. Both are experienced in treating

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Stanton and Tokun agree to work together as partners for a year. Both are experienced in treating wooden shingle and shake roofs to make them fire resistant and waterproof. Stanton puts up the $20,000 capital needed for equipment and supplies. Both agree to work full time, and each draws a salary of $2,500 a month. Stanton does all of the difficult sales work, as well as helping on site. Tokun is slow on the job and repeatedly fails to show up, falsely claiming to be sick. In fact, he goes fishing and hunting on long weekends. At the end of the year, the firm shows a net profit of $25,000 after all expenses and the return of Stanton’s capital contribution. How should the net profit be divided? Why?

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