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pls pls Peralta and Monterola are partners agreeing to allow monthly salaries (P6,000 and P5,000 respectively): 6% on the capital investment at the beginning of
pls pls
Peralta and Monterola are partners agreeing to allow monthly salaries (P6,000 and P5,000 respectively): 6% on the capital investment at the beginning of the year (P300,000 and 250.000 respectively and the remaining balance to be shared using the ratio 3 for Peralta and 2 for Monterola. The first year of operation registered a net income of P100,000. Compute for the share of each partner. 1. Peralta 2. MonterolaStep by Step Solution
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