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Dividing nutinershe Income. Tyler hawes and Poer Mbright formed a partrership, inveiting $95,000 and $144,000, respectovely Determune their pertipipaph in the year's net income ef
Dividing nutinershe Income. Tyler hawes and Poer Mbright formed a partrership, inveiting $95,000 and $144,000, respectovely Determune their pertipipaph in the year's net income ef $290,000 under each of the foliosing independent assumptions a. No agreement concerming divinion of eet income. b. Dlvibed in the ratio of original capital investment c. Interest af the rate of 6% allowed on original investments and the remaindor divided in the ratio of 2:3. d. Salary allowances of $38,009 and $46,060, respectively, and the bolance divided equatly. Ohenive wer Set up a column tor each partine and a tocal columen. a. Determine the sistribution of income and loskes in the absence of a partnership agreement. b. Use the ratio ot the partners onganal capital westrient to distribste the net income. d. Akign ebch parthits stared salafy allowacce. Dotribute the remaining income bakd on the stated rabs
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