Question: [ 3 0 Points ] Ken Still and Duncan Leif formed a partnership, investing $ 3 0 0 , 0 0 0 and $ 1
Points Ken Still and Duncan Leif formed a partnership, investing $ and $ respectively. Determine their participation in the year's net income of $ under each of the following independent assumptions: a no agreement concerning division of net income; b divided in the ratio of original capital investment; c interest at the rate of allowed on original investments and the remainder divided in the ratio of :; d salary allowances of $ and $ respectively, and the balance divided equally; e allowance of interest at the rate of on original investments, salary allowances of $ and $ respectively, and the remainder divided equally.
Still
Leif
Total
tableaLeif,Total,bcde
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