Phuong and Yessenia have capital balances of $400,000 and $800,000, respectively. Phuong devotes three-fourths time and Yessenia

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Phuong and Yessenia have capital balances of $400,000 and $800,000, respectively. Phuong devotes three-fourths time and Yessenia one-fourth time to the business. Determine the division of $450,000 of net income when there is no agreement concerning division of net income

Posted Date: May 18, 2024 07:01 PM

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Phuong and Yessenia have capital balances of $400,000 and $800,000, respectively. Phuong devotes three-fourths time and Yessenia

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