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Ben Conway, Ida Chan, and Clair Scott formed CCS Consulting this year by making capital contributions of $ 2 6 0 , 0 0 0
Ben Conway, Ida Chan, and Clair Scott formed CCS Consulting this year by making capital contributions of $$ and $ respectively. They anticipate annual profit of $ and are considering the following alternative plans of sharing profits and losses: a Equally; b In the ratio of their initial investments; or c Salary allowances of $ to Conway, $ to Chan, and $ to Scott and interest allowances of on initial investments, with any remaining balance shared equally.
Ben Conway, Ida Chan, and Clair Scott formed CCS Consulting this year by making capital contributions of $$ and $ respectively. They anticipate annual profit of $ and are considering the following alternative plans of sharing profits and losses: a Equally; b In the ratio of their initial investments; or c Salary allowances of $ to Conway, $ to Chan, and $ to Scott and interest allowances of on initial investments, with any remaining balance shared equally.
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