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How much profit share will d receive

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Problem 1: The partners, C and D, share profits 3:2. However, C is to receive a yearly bonus of 20% of the profits, in addition to his profit share. The partnership made a net income for the year of P960,000 before the bonus. Assuming C's bonus iscomputed on profit after deducting said bonus, how much profit share will D receive?

a. P307,200
b. P320,000
c. P640,000
d. P160,000

Reference no: EM132833902

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