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Susan, Lynda, and Monica Opened a Consignment Dress Shop

Question 20

Multiple Choice

Susan, Lynda, and Monica opened a consignment dress shop. The partnership agreement states that the responsibilities for the provision of capital are in the ratio of 2.5: 3.75: 4.5. If the total investment in the business was $365,500, how much did each partner invest?


A) $153,000; $85,000; $127,500
B) $175,000; $150,000; $40,500
C) $150,000; $175,000; $40,500
D) $85,000; $127,500; $153,000
E) $210,000; $115,000; $35,500

Correct Answer:

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