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Singer and McMann are partners in a business. Singer's original capital was $44,800 and McMann's was $50,300. They agree to salaries of $11,700 and $19,200
Singer and McMann are partners in a business. Singer's original capital was $44,800 and McMann's was $50,300. They agree to salaries of $11,700 and $19,200 for Singer and McMann, respectively, and 10% interest on original capital. If they agree to share the remaining profits and losses on a 3:2 ratio, what will Metane's share of the income be if the income for the year is $69.5007 543039 Ob $24,230 Oc $19,200 Od. $35,066
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