Business
Business, 26.08.2021 14:00, makayladurham19

Yaw starts a company with GH¢2,400. After 6 months, he is joined by Esi who contributes GH¢30,000. Two months later, Yaw and Esi are joined by Kwasi who contributes GH¢33,000. They agreed to share the profits as follows: 20% to Yaw as manager of the company and 4% to Kwasi as assistant manager. The rest of the profits will then be shared in the ratio of the product of their capitals in the company and the time elapsing since each of them joined the company. If the profit at the end of the first year after Yaw had started the company is GH¢10,050, calculate the total amount received by each of the three partners of the company.​

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Yaw starts a company with GH¢2,400. After 6 months, he is joined by Esi who contributes GH¢30,000. T...

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