Question
Partners Mann and Nie receive a yearly salary of $100,000 and $80,000, respectively. Partnership income for the year, before any distributions to partners, is $250,000.
Partners Mann and Nie receive a yearly salary of $100,000 and $80,000, respectively. Partnership income for the year, before any distributions to partners, is $250,000. Assume full implementation. Mann and Nie each receive a bonus of 20% of partnership income after salaries and both bonuses. What is Mann's bonus?
| A. | $11,667 | |
| B. | $14,000 | |
| C. | $12,333 | |
| D. | $10,000 |
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Life Audit Journal What Is My Why
Authors: A S
1st Edition
B08F6TXV7Z, 9798672209692
