a. Al Bundy and Griff Manly decide to become partners and buy store # 33 from Garys

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a. Al Bundy and Griff Manly decide to become partners and buy store # 33 from Gary’s Shoes and rename it AlGRIFF Shoes. Al has very little money so he can only come up with $5,000 dollars to invest and Griff, being single has $75,000 to invest. Their partnership is divided according to their investment in AlGRIFF Shoes. At the end of the 1^st year the Net Income is $105,000 and they both want to withdraw their share of the money, after paying themselves salaries based on their ownership each week of no more than $2,000 also based on their investment. How much will Al and Griff draw in salary each week?

b. Al Bundy and Griff Manly decide to become partners and buy store # 33 from Gary’s Shoes and rename it AlGRIFF Shoes. Al has very little money so he can only come up with $5,000 dollars to invest and Griff, being single has $75,000 to invest. Their partnership is divided according to their investment in AlGRIFF Shoes. At the end of the 1st year the Net Income is $105,000 and they both want to withdraw their share of the money, after paying themselves salaries based on their ownership each week of no more than $2,000 also based on their investment. How much will Al and Griff receive at the end of the year if they split their Net income according to their original investment?

c. Al Bundy and Griff Manly decide to become partners and buy store # 33 from Gary’s Shoes and rename it AlGRIFF Shoes. Al has very little money so he can only come up with $5,000 dollars to invest and Griff, being single has $75,000 to invest. Their partnership is divided according to their investment in AlGRIFF Shoes. Al and Griff agree to allow their neighbor and friend Jefferson D’Arcy to buy into the business with his $40,000 investment and change the name of AlGRIFF Shoes to GriffD’Al Shoes to reflect their ownership in the business. At the end of the second year, GriffD’Al has a need income of $200,000 and the 3 partners decide to up their weekly draw from $2,000 each week to $3,000 each week with each partner getting their amount according to the investment in the business. How much will Al, Griff and Jefferson get in salary each week?

d. Al Bundy and Griff Manly decide to become partners and buy store # 33 from Gary’s Shoes and rename it AlGRIFF Shoes. Al has very little money so he can only come up with $5,000 dollars to invest and Griff, being single has $75,000 to invest. Their partnership is divided according to their investment in AlGRIFF Shoes. Al and Griff agree to allow their neighbor and friend Jefferson D’Arcy to buy into the business with his $40,000 investment and change the name of AlGRIFF Shoes to GriffD’Al Shoes to reflect their ownership in the business. At the end of the second year, GriffD’Al has a need income of $200,000 and the 3 partners decide to up their weekly draw from $2,000 each week to $3,000 each week with each partner getting their amount according to the investment in the business. How much will each of the partners get if they split the Net income according to their investments?