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Business, 26.09.2019 18:30 dayanawhite64

Seth and rachel have original investments of $50,000 and $100,000, respectively, in a partnership. the articles of partnership include the following provisions regarding the division of net income: interest on original investments at 15%; salary allowances of $24,000 and $20,000, respectively; and the remainder to be divided equally. how much of the net income of $90,000 is allocated to seth?

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Seth and rachel have original investments of $50,000 and $100,000, respectively, in a partnership. t...
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