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QUESTION 3 of 10:You Are Going into Business with 4 Equal Partners (not Counting Yourself)If in 6 Years, the Business Is Making a

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QUESTION 3 of 10:You are going into business with 4 equal partners (not counting yourself)If in 6 years, the business is making a profit of 1,000,000 what is your share? a) 180,000 b) 190,000 c) 200,000 d) 210,000

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Leticia professionell · Tutor durante 6 años
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Respuesta

To solve this problem, we need to find the profit share of each partner.Given information:- The business is making a profit of 1,000,000Number of partners = 4Profit share of each partner = Total profit / Number of partnersProfit share of each partner = 250,000Step 2: Calculate your share.Since you are one of the 4 equal partners, your share would be the same as the profit share of each partner.Your share = 200,000