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How to calculate appropriation of profit: Apple will contribute R100000 in cash towards the capital of the business. Pie will contribute R40000 in cash, a

How to calculate appropriation of profit:

Apple will contribute R100000 in cash towards the capital of the business. Pie will contribute R40000 in cash, a delivery vehicle with a fair value of R60000 and office equipment worth R50000.

To note the partnership agreement does not stipulate the appropriation of profits/losses.

Please assist how I should calculate the appropriation of profit of Apple and Pie.

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