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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 $20,000,$80,000, and $20,000, respectively. During the year, MB Partnership earned $90,000 in net income. Determine how much of the $90,000 in net income will go to Angie, Ebony, and Raven under each of the following scenarios regarding income division:
Scenario 1:
Equal division
Scenario 2:
In the ratio of original investments
Scenario 3:
Interest of 8% on original inestments, and the remainder in a 1:3:2 ratio.
8% Interest
Remainder
Scenario 4:
Interest of 8% on original inestments, salary allowanes of $5,000 to Angie and $40,000 to Ebony, and the remainder equally.
8% Interest
Salary Allowances
Remainder
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