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Gillard and Rudd have formed a partnership. They agree that after paying themselves salaries of $23,000 to Gillard and $
Posted: Thu May 19, 2022 3:32 pm
by answerhappygod
- Gillard And Rudd Have Formed A Partnership They Agree That After Paying Themselves Salaries Of 23 000 To Gillard And 1 (67.43 KiB) Viewed 81 times
Gillard and Rudd have formed a partnership. They agree that after paying themselves salaries of $23,000 to Gillard and $30,000 to Rudd, any remaining profit or loss, of the month, would be split 25% to Gillard and 75% to Rudd. If the business generates a profit of +$35,000 for the month, the distribution of profit will be: Select one: a. Gillard -$8,210 Rudd +$43,210 O b. Gillard +$8,750 Rudd +$26,250 c. Gillard +$18,500 Rudd +$16,500 O d. Gillard +$15,189 Rudd +$19,811