Question
Angie Perez agreed to invest $200,000.00 in a partnership with Maria Pea and Emilio Lpez. These two will not invest money, but will bring
Angie Perez agreed to invest $200,000.00 in a partnership with Maria Pea and Emilio Lpez. These two will not invest money, but will bring work and knowledge to the new company. Maria and Emilio agreed that the net income of the partnership should be divided in such a way that Angie receives a preferential return of 10% on her equity investment, before any net income is shared equally among the partners. In addition, they sigiriern that the agreement of partners be drawn up in such a way that all matters are decided by majority vote and that each partner has 33% of them.] 1. You are Angie Perez's advisers. What can they suggest to you to reach the final agreement? 2. Complete the partner agreement that will be finally being formalized. 3. Suppose that at the end of the first year the partnership's net income was $163,000.00. What would be the income distribution corresponding to each partner according to their final partner agreement?
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