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Business, 16.07.2021 07:20 JvGaming2001

Crane Co. reports net income of $64,000. Partner salary allowances are Pitts $13,000, Filbert $4,000, and Witten $8,000. Indicate the division of net income to each partner, assuming the income ratio is 51 : 26 : 23, respectively.

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Crane Co. reports net income of $64,000. Partner salary allowances are Pitts $13,000, Filbert $4,000...

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