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Calculate the division of profit to each partner

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Question - SANDHILL Co. reports profit of $75,400 for the current year. Partner salary allowances are J. Moses $25,900; T. Eaton $31,700; and M. Tung-Ching $6,300. The profit and loss ratio is 6:2:2. Calculate the division of profit to each partner.

Reference no: EM132598237

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