Eddie and Lauren are partners in a business.Eddie's original capital contribution was $80,000,and Lauren's was $120,000.They agreed to share profits as follows:
Calculate each partner's share of profits,assuming (a)the profit was $200,000,and, (b)the profit was $140,000.

Question

Eddie and Lauren are partners in a business.Eddie's original capital contribution was $80,000,and Lauren's was $120,000.They agreed to share profits as follows:
  Calculate each partner's share of profits,assuming (a)the profit was $200,000,and, (b)the profit was $140,000.

Quizplus · Accepted Answer

The Answer of Eddie and Lauren are partners in a business.Eddie's original capital contribution was $80,000,and Lauren's was $120,000.They agreed to share profits as follows:
  Calculate each partner's share of profits,assuming (a)the profit was $200,000,and, (b)the profit was $140,000.

Eddie and Lauren Are Partners in a Business