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QUESTION Hanna, Marnie, and Jessa have operated a partnership as filmmakers for a number of years. At the end of the year, before any
QUESTION Hanna, Marnie, and Jessa have operated a partnership as filmmakers for a number of years. At the end of the year, before any allocation of profits, the partners have the following capital account balances: Hanna $25,000 Marnie 15,000 Jessa 10,000 The partnership agreement states that profits should be allocated in proportion to the capital account balances. If the partnership carns $600,000 in the current year. how much of the profit will be allocated to Marnie? ANSWER $150,000 $600,000 $180,000 $200,000 I DON'T KNOW YET
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