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How much of the profit is allocated to karen

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Question - Karen and Andrea are currently changing their partnership profit and loss ratios from 75/25 to 60/40. They have created a list of assets that have market and book value differences. One of the assets is a building with a P300,000 market value and P200,000 book value. Two years after changing the profit and loss ratios, the building is sold for P380,000. How much of the profit is allocated to Karen?

Reference no: EM133185530

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