Title: Gary, Peter, and Chris and have capital balances of $26,000, $38,000, and $30,000, respectively. As ... Post by: emanuell19 on Jul 26, 2018 Gary, Peter, and Chris and have capital balances of $26,000, $38,000, and $30,000, respectively. As per the partnership agreement, Gary gets a profit share of 2/9; Peter gets 4/9; and Chris gets 3/9. The partnership agrees to pay $20,000 as the final settlement to Gary. How much bonus does Peter receive as a result of this transaction?
A) $3,429 B) $2,571 C) $3,333 D) $2,667 Title: Gary, Peter, and Chris and have capital balances of $26,000, $38,000, and $30,000, respectively. As ... Post by: alasyachristine on Jul 26, 2018 Content hidden
Title: Gary, Peter, and Chris and have capital balances of $26,000, $38,000, and $30,000, respectively. As ... Post by: emanuell19 on Jul 26, 2018 This helps so much, thank you for responding so quickly...
Title: Gary, Peter, and Chris and have capital balances of $26,000, $38,000, and $30,000, respectively. As ... Post by: alasyachristine on Jul 26, 2018 No worries, I was online and bored :lol:
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