if X AND Y are two partner, the income ratio are 1:2 respectively if net income for 2019 was 36,000 what are the share of Y partner from net income Select one: а. 12,000 b. 24,000 с. 18,000 d. 16,000

if X AND Y are two partner, the income ratio are 1:2 respectively if net income for 2019 was 36,000 what are the share of Y partner from net income Select one: а. 12,000 b. 24,000 с. 18,000 d. 16,000

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

if X AND Y are two partner, the income ratio are 1:2
respectively if net income for 2019 was 36,000
what are the share of Y partner from net income
Select one:
а. 12,000
b. 24,000
с. 18,000
d. 16,000

debt balance of partners' capital always means
insolvent according to the simple liquidation
Select one:
True
False

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