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QUESTION 15 2 points Save Answer Chloe and Sam have been trading as a partnership for many years. The partnership agreement allocates Chloe a salary
QUESTION 15 2 points Save Answer Chloe and Sam have been trading as a partnership for many years. The partnership agreement allocates Chloe a salary of 18,000. The balance of any profits is shared in the ratio 2:1 for Chloe and Sam respectively. For the year ended 30 September 2020 the partnership had a tax-adjusted trading profit of 43,500. What are the partners' trading profits for the year ended 30 September 2020? O A. Chloe 59,000 Sam 20,500 O B. Chloe 29,000 Sam 14,500 O C. Chloe 35,000 Sam 8,500 O D. Chloe 17,000 Sam 8,500 QUESTION 16 2 points Save Answer Brian is 42 and works for G Ltd. He earned a salary of 3,600 per month during 2020/21. He was also provided with a car and fuel for private use which had an agreed benefit value of 8,142. What are the total employer's NICs payable by G Ltd in respect of Brian for 2020/21? Ignore the employment allowance. O A. 4,752 OB.5,876 OC. 7,088 OD.4,044
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