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Question 9 Partners Cantor and Dickens have capital balances in a partnership of $160,000 and $240,000, respectively. They agree to share profits and losses as

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Question 9 Partners Cantor and Dickens have capital balances in a partnership of $160,000 and $240,000, respectively. They agree to share profits and losses as follows: O out Cantor Dickens As salaries $40000 $48000 As Interest on capital at the beginning of the year Remaining profit and losses 10% 10% 50% 50% If income for the year was $200,000, what will be the distribution of income to Dickens? Question 9 Partners Cantor and Dickens have capital balances in a partnership of $160,000 and $240,000, respectively. They agree to share profits and losses as follows: O out Cantor Dickens As salaries $40000 $48000 As Interest on capital at the beginning of the year Remaining profit and losses 10% 10% 50% 50% If income for the year was $200,000, what will be the distribution of income to Dickens

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