Peter , started an e - learning business with a personal capital investment of $ 110,000 . He needed more funds and decided to raise money from two of his high - net - worth friends , Bill and Ted for the money . He gave them some ownership of his company , based on their Investment . Peter , Bill and Ted will own the company in the ratio of 12 : 5 : 6 . All profits were also agreed to be shared on the ratio of their investments . a . Calculate Bill's and Ted's investment ( round to the dollar ) b . If the business made a profit of $ 260,000 in the first year , calculate each partner's share of the profit . . In the second year , the three partners decreased their investment by $ 30,000 each . What is the new partnership ratio with smallest amount to be 1 ( 2 decimal points ) ?