Question
Determine Ms share of the $100,000 if the partners agree on an interest allowance of 10% on the original investments and the remainder in a
Determine Ms share of the $100,000 if the partners agree on an interest allowance of 10% on the original investments and the remainder in a 2:3 ratio. Assume that M is to invest $20,000 and J is to invest $30,000.
|
| M | J | Total |
| Interest Allowances |
|
|
|
| Remainder 2:3 |
|
|
|
| Totals | ? |
| $100,000 |
Please help.
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Managing IoT Systems For Institutions And Cities Internal Audit And IT Audit
Authors: Chuck Benson
1st Edition
1138590487, 978-1138590489
