Gillie, Norma and Nancy are all partners in an architectural firm. They have no partnership agreement. Gillie contributed $120,000 to the firm and Norma and Nancy contributed $60,000 each. Norma works full-time in the partnership and Gillie and Nancy each work part-time. The partnership makes $120,000 in profits. How will the profits be divided among the partners
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Ответ:
Gillie: $40,000
Norma $40,000
Nancy: $40,000
Explanation:
Calculation for How will the profits be divided among the partners
Based on the information given the profit will be divided equally among the three of them.
Gillie profit=$120,000/3
Gillie profit=$40,000
Norma profit =$120,000/3
Norma profit =$40,000
Nancy profit=$120,000/3
Nancy profit=$40,000
Therefore How will the profits be divided among the partners is :Gillie: $40,000
Norma $40,000
Nancy: $40,000
Ответ: