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Business, 12.12.2019 02:31 ayoismeisalex

Mo, lu, and barb formed the mlb partnership by making investments of $76,500, $297,500, and $476,000, respectively. they predict annual partnership net income of $502,500 and are considering the following alternative plans of sharing income and loss: (a) equally; (b) in the ratio of their initial capital investments; or (c) salary allowances of $84,000 to mo, $63,000 to lu, and $95,000 to barb; interest allowances of 10% on their initial capital investments; and the remaining balance shared as follows: 20% to mo, 40% to lu, and 40% to barb.

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Mo, lu, and barb formed the mlb partnership by making investments of $76,500, $297,500, and $476,000...

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