Question
Sam, Domenic, and Sal invested $200,000, $125,000 and $150,000 respectively in a business. In order to expand a further investment was required. Sal invested $200,000.
Sam, Domenic, and Sal invested $200,000, $125,000 and $150,000 respectively in a business. In order to expand a further investment was required. Sal invested $200,000. If the other partners agreed to provide capital in the same ratio as the initial investment, how much did Sam and Domenic invest?
A) $166,667; $266,667
B) $250,000; $175,000
C) $266,667; $166,667
D) $175,000; $250,000
E) $266,667; $250,000
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
13th Edition
8120335643, 136126634, 978-0136126638
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