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Price, Waterhouse, and Coopers complete their first year of business as a partnership. The partners offer auditing, tax, and advisory services. Use the Tableau Dashboard
Price, Waterhouse, and Coopers complete their first year of business as a partnership. The partners offer auditing, tax, and advisory services. Use the Tableau Dashboard to determine allocation of income.
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For Industry F determine each partner's share of income assuming the partners agree to share income by giving a $ per year salary allowance to Price, a $ per year salary allowance to Waterhouse, a $ per year salary allowance to Coopers, a interest on their initial capital investments, and the remaining balance shared equally. Enter all allowances as positive values. Enter losses as negative values.
Important! Be sure to click the correct Industry at the top of the dashboard.
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tableAllocation of Partnership IncomePrice,Waterhouse,Coopers,TotalNet income lossSalary allowances,,,,Balance of income lossInterest allowances,,,,Balance of income lossBalance allocated equally,,,,Balance of income loss$
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