Calculate the profit (loss) distribution for the following: (Do not round intermediate calculations. Round your answers to the nearest cent.) Original investment: Partner 1, $96,000; Partner 2, $56,000. Profit for the year: $196,500. Partner 1   Partner 2

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 47CR
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Calculate the profit (loss) distribution for the following: (Do not round intermediate calculations. Round your answers to the nearest cent.)

Original investment: Partner 1, $96,000; Partner 2, $56,000.

Profit for the year: $196,500.

Partner 1

 

Partner 2

 

 

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