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I need help with questions b, c, d, and e. Please help. 1.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession.. eBook Show Me How Print Item Dividing Partnership Income Beau Dawson and
I need help with questions b, c, d, and e. Please help. 1.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession.. eBook Show Me How Print Item Dividing Partnership Income Beau Dawson and Willow McDonald formed a partnership, investing $67,500 and $202,500, respectively. Determine their participation in the year's net income of $285,000 under each of the following independent assumptions: a. No agreement concerning division of net income. b. Divided in the ratio of original capital investment. c. Interest at the rate of 5% allowed on original investments and the remainder divided in the ratio of 2:3. d. Salary allowances of $40,000 and $47,000, respectively, and the balance divided equally. e. Allowance of interest at the rate of 5% on original investments, salary allowances of $40,000 and $
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