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Question 8 1 pts XYZ partnership shares profits and losses in a 3:2:1 ratio respectively. This means: Partner Z receives 1/3 of the profits Partner

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Question 8 1 pts XYZ partnership shares profits and losses in a 3:2:1 ratio respectively. This means: Partner Z receives 1/3 of the profits Partner Y receives 2/5 of the profits O Partner X receives 1/2 of the profits O Partner X receives 4/7 of the profits

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