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MB partnership has three partners: Angie, Ebony, and Raven. Angie, Ebony, and Raven originally invested $ 2 0 , 0 0 0 , $ 8
MB partnership has three partners: Angie, Ebony, and Raven. Angie, Ebony, and Raven originally invested $$ and $ respectively. During the year, MB Partnership earned $ in net income. Determine how much of the $ in net income will go to Angie, Ebony, and Raven under each of the following scenarios regarding income division: Scenario : Equal division Scenario : In the ratio of original investments Scenario : Interest of on original inestments, and the remainder in a :: ratio. Interest Remainder Scenario : Interest of on original inestments, salary allowanes of $ to Angie and $ to Ebony, and the remainder equally. Interest Salary Allowances Remainder
MB partnership has three partners: Angie, Ebony, and Raven. Angie, Ebony, and Raven originally invested $$ and $ respectively. During the year, MB Partnership earned $ in net income. Determine how much of the $ in net income will go to Angie, Ebony, and Raven under each of the following scenarios regarding income division:
Scenario :
Equal division
Scenario :
In the ratio of original investments
Scenario :
Interest of on original inestments, and the remainder in a :: ratio.
Interest
Remainder
Scenario :
Interest of on original inestments, salary allowanes of $ to Angie and $ to Ebony, and the remainder equally.
Interest
Salary Allowances
Remainder
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