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Partners T. Greer and R. Parks are provided salary allowances of $ 35,400 and $ 29,500, respectively. They divide the remainder of the partnership income
Partners T. Greer and R. Parks are provided salary allowances of $ 35,400 and $ 29,500, respectively. They divide the remainder of the partnership income in a ratio of 3:2. If partnership net income is $ 47,200, how much is allocated to Greer and Parks?
T. Greer | R. Parks | ||||
---|---|---|---|---|---|
Total division | $ enter a dollar amount | $ enter a dollar amount |
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