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Andre, Beau, and Caroline share profits and losses of their partnership in a 22:44:77 ratio respectively. If the net income is $900,000, calculate Caroline's share
Andre, Beau, and Caroline share profits and losses of their partnership in a 22:44:77 ratio respectively. If the net income is $900,000, calculate Caroline's share of the profits. (Do not round any intermediate calculations.) A. $242,308 B. $138,462 C. $484,615 D. $69,231
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
7th Edition
978-0470477151, 978-0-470-5562, 470556242, 0-470-55624-2, 9780470556245, 978-0470507018
