Law, 26.09.2021 16:40 crosales102

In 2020 Brady and Gronk form a partnership which allocates profits and losses, 80% to Brady and 20% to Gronk. In 2021 Mahomes entered the partnership and received a 25% share of profits and
losses. What share (%) and amount ($) of profits and losses does each receive in 2021 based on the
company earning $3,200,000?

Answers: 2

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In 2020 Brady and Gronk form a partnership which allocates profits and losses, 80% to Brady and 20...

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