Question: You have a signed a partnership agreement distributing profits based on salary and investment with your college roommate. If profit for the first year is
You have a signed a partnership agreement distributing profits based on salary and investment with your college roommate. If profit for the first year is $45,000, how much will you and your partner receive based on the following: your original investment, $35,000; your partners investment, $25,000; and you earn a $30,000 annual salary?
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