A partner invests $50,000 in a business and the other partner invests $20,000. If profits are to
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A partner invests $50,000 in a business and the other partner invests $20,000. If profits are to be shared in the ratio that each invested in the partnership, how much does each receive from $10,500 in profits?
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The total investment in the business is 50000 20000 70000 ...View the full answer
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Related Book For
Basic Technical Mathematics
ISBN: 9780137529896
12th Edition
Authors: Allyn J. Washington, Richard Evans
Question Posted:
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