Question: Partnerships are created when two or more individuals join to conduct business Discuss why the percentage of each partners ownership is important and how

Partnerships are created when two or more individuals join to conduct business

Partnerships are created when two or more individuals join to conduct business Discuss why the percentage of each partners ownership is important and how it is used to determine the distribution of net income and net loss in future periods Comment on two partners who own a partnership at a 50/50 split, but, where one partner does 80% of the required on-going work. Is there a way to overcome that % ownership disparity, or not? Please explain with details

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