ESTUDIO DE CASO: TEMA$-$ SOCIEDADES

Charles Lake, Liz Wood, and Hal Park have formed a partnership. Lake invested $$15,000,$ Wood $$18,000,$ and Parks $$27,000.$ Lake will manage the store; Wood will work in the store half$-$time; and Parks will not work in the business.

Required:

$1.$ Compute the partner share of profit and losses under each of the following plan: $20$ puntos

a$.$ Net income for the year ended January $31,2010$ is $$210,000.$

b$.$ The first $$75,000$ is allocated on the basis of partner capital contributions.

c$.$ The next $$36,000$ is based on service, with Lake receiving $$28,000$ and Wood receiving $$8,000.$

d$.$ Any remainder is share equally.