If a partnership has agreed upon a salary and 10 percent bonus to a particular partner, how

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If a partnership has agreed upon a salary and 10 percent bonus to a particular partner, how that would be calculated if total net profit was 4,000,000? His initial contribution was 30000000 with profit ratio of 50 percent.

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Market Based Management

ISBN: 978-0130387752

6th edition

Authors: Roger Best

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Posted Date: Sep 12, 2020 04:12 AM

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If a partnership has agreed upon a salary and 10 percent bonus to a particular partner, how

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As the promised salary was 50 and bonus 10 over the profit which was 4000000 So to ca... View the full answer

Market Based Management

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