Mathematics, 16.02.2022 14:50 Dontslack
A partnership had its agreement drawn up by a lawyer. The company made $350,000 in profit at the end of the year. The
agreement identified partner #1 to receive 40% and partner #2 to receive 60% of the profits. If the partners agreed to invest $50,000 of the company's profits back into the business, how much money did partner #2 receive from the profits ?
1) 140,000
2) 120,00
3) 210,000
4) 180,000
Answers: 2
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A partnership had its agreement drawn up by a lawyer. The company made $350,000 in profit at the end...
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