Answered

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John, Sally and Jane form a partnership. The partnership earns a $70,000 profit. Partners share profits by previous year’s capital balance. Capital balances were $100,000 for John, $75,000 for Sally and $225,000 for Jane. Jane’s share of this year’s profit is:
Multiple Choice
$17,500
$13,125
$39,375
$35,000

Sagot :

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