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How much of the year profit should parducho receive

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Reference no: EM132773202

Problem 1: Parducho had a P500,000 capital balance for eight months and a P650,000 balance for four months. Burgos had a P380,000 capital balance for five months and a P500,000 balance for seven months. How much of the year's P800,000 profit should Parducho receive if profits and losses are distributed based on the ratio of their average capital balances

a 360000
b 387500
c 440000
d 453200

Reference no: EM132773202

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