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Calculate the division of profit to each partner

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Reference no: EM132830457

Problem - CARLA VISTA Co. reports profit of $73,500 for the current year. Partner salary allowances are J. Moses $24,900; T. Eaton $31,900; and M. Tung-Ching $5,400. The profit and loss ratio is 6:2:2. Calculate the division of profit to each partner.

Reference no: EM132830457

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