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Find how much is the share of b

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Reference no: EM132760293

A & B formed a partnership. The partnership agreement stipulates the following:

  • Annual salary allowances of 80,000 for A and 40,000 for B.
  • The partners in profits and losses equally

Problem 1: The partnership earned profit of 100,000. How much is the share of B?

a. 70000

b. 30000

c. 48000

d. 52000

Reference no: EM132760293

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