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Calculate roger share of net income

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Problem 1: Steve and Roger allocate 2/3 of their partnership's profits and losses to Steve and 1/3 to Roger. If the net income of the firm is $30,000, calculate Roger's share of net income. (Do not round any intermediate calculations.)

A) $20,000

B) $10,000

C) $30,000

D) $25,000 55)

Reference no: EM132696865

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