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What is the partnership net profit before distribution

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Question - A partnership has a profit of $40,000 after including wages for one of the partners at $50,000 and return on the proprietors' capital at $100 each per week ($5,200 per annum each). What is the partnership's net profit before distribution?

a. $90,000

b. $100,400

c. $40,000

d. $95,200

Reference no: EM133091750

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