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At what amount of net income will maonus be indifferent

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Question - Magnus is choosing which pro?t or loss agreement he will agree on, whether he will opt for a salary of P130000 or a salary of P501100 plus a 10% bonus on net income after bonus and after salaries. Salaries traceable to the other partners amount to P200000. At what amount of net income will Maonus be indifferent between the two options?

Reference no: EM133176792

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