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How much is the total share of Aria

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Question - The Articles of Partnership of partners Arida and Burida stipulates the following:

Annual salary of $60,000 each.

Bonus to Partner A of 20% of the profit after partner's salaries. The bonus and salaries are treated as expenses.

Balance to be divided equally.

The partnership earned profit of $480,000 before partner's salaries and bonus. How much is the total share of Aria, including salary and bonus?

Reference no: EM132639887

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