Mathematics, 15.11.2020 22:50, arizmendiivan713
Sylvester and Envita are partners in a firm. Sylvester’s capital is $70,000 and Envita’s capital is $50,000. The firm’s net profit is $60,000. Assuming profits are shared in the ratio of capital contributed, Envita’s share in profit will be:
Select one:
a. $25,000
b. $30,000
c. $35,000
d. $20,000
Answers: 1
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