This topic contains a solution. Click here to go to the answer

Author Question: Combs and Stratton invested 140,000 and 360,000, respectively, in a partnership. They agreed to ... (Read 52 times)

Jkov05

  • Hero Member
  • *****
  • Posts: 556
Combs and Stratton invested 140,000 and 360,000, respectively, in a partnership. They agreed to share net income in proportion to their investments. If the partnership's net income last year was 43,500, how much was each partner's share of the net income?

Question 2

Things that are owned by a business that have value are called ___________________ _.
 Fill in the blank(s) with correct word



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

TheNamesImani

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

Combs 12,180, Stratton 31,320

Answer to Question 2

assets




Jkov05

  • Member
  • Posts: 556
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it


sultansheikh

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

For a complete list of videos, visit our video library