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Villamand Smith formed a partnership with Scott who contributed $100,000 Witam who contbute d$30.000, and Smith who contributed $70,000. Their partnership agreement called for the
Villamand Smith formed a partnership with Scott who contributed $100,000 Witam who contbute d$30.000, and Smith who contributed $70,000. Their partnership agreement called for the eamingsd ivision to be based on the ratio of capital investments. If the partnership had a profit of $475,000 for i tsfrst year of operation how much would be credited to Srith's capital account? $164250 $79.000 . $139,000 . $345.000 $175.000 Moreau inves.ed $18.000 and Fersday invested $32,000 in a partnership. They agreed to share incom es and beses by a loving a $9,000 per year salary allowance to Moreau and a $12,000 per year salar yalowance to Fereday plus nterest on the partners' nvestments at 8 with the balancetobe share dequally. Under this agreement, the shares of the partners with a $90,000 profit are $45.000 to Marca $40,000 to Foreday S1 BC Be More 12.00 toreday $79400 Moreau $ 2.6 to Friday $39.9.10 te Moreau $
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