Business, 28.11.2019 19:31 nsg0686

Xavier and yolanda have original investments of $50,000 and $100,000, respectively, in a partnership. the articles of partnership include the following provisions regarding the division of net income: interest on original investment at 20%; salary allowances of $34,000 and $26,000, respectively; and the remainder to be divided equally. how much of the net income of $120,000 is allocated to xavier?

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Xavier and yolanda have original investments of $50,000 and $100,000, respectively, in a partnership...