Business, 02.07.2020 22:01 emilydis2594
Tanner and Teresa share income and losses in a 2:1 ratio after allowing for salaries of $45,900 to Tanner and $71,100 to Teresa. Net income of the partnership is $137,700. Income should be divided as follows: a. Tanner, $59,700; Teresa, $78,000 b. Tanner, $83,000; Teresa, $54,700 c. Tanner, $55,700; Teresa, $82,000 d. Tanner, $54,700; Teresa, $83,000
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Tanner and Teresa share income and losses in a 2:1 ratio after allowing for salaries of $45,900 to T...
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