Question: When money is shared in the ratio 2 : 3 : 5 The largest amount received is $ 8 0 , 0 0 0 .

When money is shared in the ratio 2: 3: 5 The largest amount received is $80,000.
How much is the total amount that was shared?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Marcus Laramore operates a proprietorship that sells sports memorabilia. It has been in operation for several years and has always used a taxation year that ends on December 31. Marcus business does...

Q:

Corporations and Partnerships Estates and Trusts 709 United States Gift (and Generation-Skipping Transfer) Tax Return Department of the Treasury Internal Revenue Service (For gifts made during...

Q:

I'm looking for some serious help with my two assignments, I was trying to find Iowaringa so he can help me out. One assignment is a quiz and the second is 1 homework problem. Question 1 (30 points)...

Q:

Would like for you to help me with my quiz and homework question. You were great help in the past, and I would really appreciate it! Question 1 (30 points) On December 31, 2014, Rayco Inc. had the...

Q:

I'm looking for some serious help with my two assignments, I was trying to find Iowaringa so he can help me out. One assignment is a quiz and the second is 1 homework problem. Question 1 (30 points)...

Q:

Detailed workings please. ACT Question 2 The following were the balances of the partnership between Grace and Gary as at 2016 December 31. DR (5) CR(S) 60 000 60 000 3000 400 12 000 8 800 300 000...

Q:

19 Name: ____________________________________ 1. Your friend has a credit card with an APR of 49.9% ! What would his finance charge be on a $500 charge for just 1 month? 2. Your friend has 2 credit...

Q:

See the University of Maine System Annual Financial Report: Statement of Net Position (Balance Sheet) on page 28; and Statement of Revenues, Expenses & Changes in Net Position (Income Statement) on...

Q:

See the University of Maine System Annual Financial Report: Statement of Net Position (Balance Sheet) on page 28; and Statement of Revenues, Expenses & Changes in Net Position (Income Statement) on...

Q:

1 This assignment covers material from Units 1 to 4 in the Mathematics 244 Study Guide. It is due after Unit 4 in the Study Guide is completed. Total Marks = 150 1. Evaluate each of the following...

Q:

May i please have assistance with solving the following questions in Excel? A 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 B...

Q:

When an electron moves from A to B along an electric field line in Figure the electric field does 3.94 x 10-19 J of work on it. What are the electric potential differences? (a) VB ?? VA, (b) VC ??...

Q:

Winter Ltd. was carrying more than one business activity, namely manufacturing plastic bags and trading in plastic item sales. However, the manufacturing activity was not profitable as Environment...

Q:

h ( x ) = ( x + 1 1 ) 2 ( 2 x - 1 2 ) 1 4

Q:

Forecasted financial statements are given Sales (all on credit) Cost of Goods Sold Gross Profit Selling and Administrative Expense Rent Expense Depreciation Expense Operating profit (EBIT) Interest...

Q:

Need help with question #3 Manderlee Inc., a manufacturer of custom tiaras uses a JOB ORDER cost system. The following data summarize the operations related to production for April 2020, the first...

Q:

Question Precision Ltd. (PL) is a private company that manufactures circular saw blades. Caroline Reynolds, the president, is concerned that PL has been losing its market share, and its operating...

Q:

A researcher is interested in differences in cognitive function between older and younger women. She administers a 10 point cognitive test to two samples of women (younger and older). The following...

Q:

Complete the "Rate Category" column on the "Airline" worksheet. After completing the column do exploratory analysis of the airline data to determine how many Airlines fall under Category A ? Use the...

Q:

Tori and some other childeen experimented with balls to see which ones rolled. First using a piece of cardboard to use as a ramp, they angled it on a block to the floor to test the balls. Then Tori...

Q:

Under what conditions will a debt instrument be sold at a premium? When is a debt instrument sold at a discount? What is accomplished by adjusting the sale price of the debt instrument?

Q:

How do the responsibilities of a company differ with regard to debt versus common stock?

Q:

When are the estimated costs of warranties recorded? What procedures generally must be used in estimating the amount of the liability to be recorded for future warranty costs?