Business, 18.09.2019 04:00 mithydizon1553

Tyler hawes and piper albright formed a partnership, investing $210,000 and $70,000, respectively. determine their participation in the year’s net income of $290,000 under each of the following independent assumptions: no agreement concerning division of net income. divided in the ratio of original capital investment. interest at the rate of 5% allowed on original investments and the remainder divided in the ratio of 2: 3. salary allowances of $36,000 and $45,000, respectively, and the balance divided equally. allowance of interest at the rate of 5% on original investments, salary allowances of $36,000 and $45,000, respectively, and the remainder divided equally.

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Tyler hawes and piper albright formed a partnership, investing $210,000 and $70,000, respectively. d...

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