Andre, Beau, and Caroline share profits and losses of their partnership as 2:2:5. If the net income is $900,000, calculate the profit share of Caroline.

Name: Andre, Beau, and Caroline share profits and losses of their partnership as 2:2:5. If the net income is $900,000, calculate the profit share of Caroline.
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Quizplus · Accepted Answer

Caroline's share of the profits is 5 parts out of a total of 9 parts (2+2+5). Therefore, her share is (5/9) * $900,000 = $500,000.

Andre, Beau, and Caroline Share Profits and Losses of Their