Question
Funke, Sofi, and Tosin formed a partnership. They made no express agreement concerning how profits were to be divided. Of the $100,000 initial capital of
Funke, Sofi, and Tosin formed a partnership. They made no express agreement concerning how
profits were to be divided. Of the $100,000 initial capital of the firm, Funke and Tosin each
contributed $40,000. Sofi contributed $20,000. The partnership had a profit of $150,000 during
the first year the partnership business was in operation.
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
