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Lucky, LLC , has four members: Amber, Brandon, Crystal, and Drew. Amber and Brandon each contributed $ 3 0 , 0 0 0 , and
Lucky, LLC has four members: Amber, Brandon, Crystal, and Drew. Amber and Brandon each contributed $ and Crystal and Drew each contributed $ to form the company. Profits and losses are shared based on the values of members' contributions, unless stated otherwise.
Calculate the profit loss that should be allocated to each of the members using the information above. Indicate losses by using a leading minus sign.
Situation
Amber
Brandon
Crystal
Drew
Lucky had a net loss of $ The members have agreed to allocate profits based on the values of members' contributions and allocate losses equally among the members.
Lucky had a net gain of $
Lucky had a net loss of $ and all the members have agreed to allocate profits and losses based on the Uniform Limited Liability Company Act.
Lucky had a net loss of $
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