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Please help _ outing prots and losses to the partners [1520 min] Haley and Jack Hart form a partnership, investing $25000 and $100000 respectively. .
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_ outing prots and losses to the partners [1520 min] Haley and Jack Hart form a partnership, investing $25000 and $100000 respectively. . , mam I - their shares of profit or loss for each of the following independent situations: .- . is $130000 and the partners have no written partnership agreement on sharing loss. Wt is $50000 and the partnership agreement states that the partners share prots and . 21' s. on the basis of their capital balances. - i-5 .5; " is 3140000. The first $84000 is shared on the basis of partner capital balances. The _' 542000 is based on partner service, with Bob Freely getting 25% and lack Hart 75%. ' remainder is shared equallyStep by Step Solution
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