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Divide the profit using the following information. Method Partners 1 2 Investment $50,000 $20,000 Profit $25,000 12% return to Partner 1; balance in ratio 7.3
Divide the profit using the following information. Method Partners 1 2 Investment $50,000 $20,000 Profit $25,000 12% return to Partner 1; balance in ratio 7.3 Partner 1 receives a profit of $ (Round to the nearest dollar as needed.)
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