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C and D agree to form a partnership. C is to contribute $50,000 in assets and to devote one-half time to the partnership. D is
C and D agree to form a partnership. C is to contribute $50,000 in assets and to devote one-half time to the partnership. D is to contribute $20,000 and to devote full time to the partnership. How will C and D share in the division of net income or net loss? | |
a) 5:2 b)1:1 c)1:2 d) 2.5:1 |
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