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Jam and Ham have decided to form a partnership. Assume that the company is anticipating net income of $100,000 for the first time period.
Jam and Ham have decided to form a partnership. Assume that the company is anticipating net income of $100,000 for the first time period. What would be Jam's share of the $100,000 if there is no agreement on how to divide the net income. Jam is investing $40,000 and Ham $60,000. Salary allowances $20,000 $30,000 O $40,000 O $50,000 Jam's share ? Ham's share Total $100,000
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