Paco and kate invested 99000 and 126000 respectively in, Ask an Expert

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Paco and kate invested $99000 and 126000, respectively , in partnership they began one year ago, Assuming the partnership earend 120000 during the current year. Compute the share on the net income each partner should receive under each of these independent assumptions.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M946020

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