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Author Question: Combs and Stratton invested 140,000 and 360,000, respectively, in a partnership. They agreed to ... (Read 17 times)

Jkov05

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on: Jun 24, 2018
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


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TheNamesImani

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Reply #1 on: Jun 24, 2018
Answer to Question 1

Combs 12,180, Stratton 31,320

Answer to Question 2

assets


Jkov05

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

adammoses97

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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