Fred and Barney started a partnership Fred invested $13,500 in the business and Barney invested $22,000....

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Fred and Barney started a partnership Fred invested $13,500 in the business and Barney invested $22,000. The partnershp agreement sipulated that profits would be divided es folows: Each partner would receive a 12% return on invested captal with the remaining income being distributed equally betwoen the two pertners. Assuming that the partnership eamed $31000 during an accounting period, the amount of income assigned to the two partners would be: Tred $ 11,750 $ 13,500 $ 15,500 $ 14,990 Barney $ 10,730 $ 17,500 5 15,500 $ 16,010 A. B. c. D. Mutiple Choice Choice A Choice B Choice C Choice D Fred and Barney started a partnership Fred invested $13,500 in the business and Barney invested $22,000. The partnershp agreement sipulated that profits would be divided es folows: Each partner would receive a 12% return on invested captal with the remaining income being distributed equally betwoen the two pertners. Assuming that the partnership eamed $31000 during an accounting period, the amount of income assigned to the two partners would be: Tred $ 11,750 $ 13,500 $ 15,500 $ 14,990 Barney $ 10,730 $ 17,500 5 15,500 $ 16,010 A. B. c. D. Mutiple Choice Choice A Choice B Choice C Choice D

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Sakution STE P4 As pen Intoomalion Pago No Date FRADEEP ovest... View the full answer