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FULL SCREEN PRINTER VERSION BACK Question 1 The partnership agreement of Alx, Gise, and Bosco provides for the following income ratio: (a) Alix, the managing
FULL SCREEN PRINTER VERSION BACK Question 1 The partnership agreement of Alx, Gise, and Bosco provides for the following income ratio: (a) Alix, the managing partner, receives a salary allowance of $108300, (b) each partner receives 15% interest on average capital investment, and (c) remaining net income or loss is divided equally. The average capital investments for the year were: Allx $592000, Gise $1240000, and Bosco $1710000. If partnership net income is $549000, the amount distributed to Allix should be $166900. $177100. - $88800 $197100 ga.pn SAVER LATER Question Attempts: 0 of 1 used 13 8 command option
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