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Brief Exercise 12-4 2] Your answer is partially correct. Try again. PFW Co. reports net income of $74,800. Partner salary allowances are Pitts $16,820, Filbert
Brief Exercise 12-4 2] Your answer is partially correct. Try again. PFW Co. reports net income of $74,800. Partner salary allowances are Pitts $16,820, Filbert $7,660, and Witten $6,750. Indicate the division of net income to each partner, assuming the income ratio is 50 : 20 : 30, respectively Division of Net Income 766 31230 16820 Remaining income 205 7300 15960 43570 496 22440 4800 Total division of net income L 37400 LINK TO TEXT Question Attempts: 1 of 3 used SAVE
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