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Dahl and Westhoff have decided to form a partnership. They have agreed that Dahl is to invest $ 4 0 0 , 0 0 0
Dahl and Westhoff have decided to form a partnership. They have agreed that Dahl is to invest $ and that Westhoff is to invest $ Dahl is to devote onethird time to the business, and Westhoff is to devote two The following plans for the division of income are being considered: a Equal division b In the ratio of original investments c In the ratio of time devoted to the business d Interest of on original investments and the remainder equally e Interest of on original investments, salary allowances of $ to Dahl and $ to Westhoff, and the remainder equally f Plan e except that Westhoff is also to be allowed a bonus of $ if net income exceeds $ Required: For each plan, determine the division of the net income under each of the following assumptions: net income of $ and net income of $ Round answers to the nearest whole dollar. Plan $ $ $ $ Dah Westhoff Dahl Westhoff a b c d e f $ Dahl $ $ $ Sind $ $ $ $ $ $ $ $ $ $
Dahl and Westhoff have decided to form a partnership. They have agreed that Dahl is to invest $ and that Westhoff is to invest $ Dahl is to devote onethird time to the business, and Westhoff is to devote two The following plans for the division of income are being considered:
a Equal division
b In the ratio of original investments
c In the ratio of time devoted to the business
d Interest of on original investments and the remainder equally
e Interest of on original investments, salary allowances of $ to Dahl and $ to Westhoff, and the remainder equally
f Plan e except that Westhoff is also to be allowed a bonus of $ if net income exceeds $
Required:
For each plan, determine the division of the net income under each of the following assumptions: net income of $ and net income of $ Round answers to the nearest whole dollar.
Plan
$
$
$
$ Dah Westhoff Dahl Westhoff
a
b
c
d
e
f
$ Dahl
$ $ $
Sind
$
$
$
$ $
$
$
$
$
$
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