Andre, Beau, and Caroline share profits and losses of their partnership in a 22:44:77 ratio respectively....
Homework Answers
| Profit sharing ratio = 22:44:77 = 2:4:7 |
| Caroline's share of the profits = 900000*7/(2+4+7)= $484615 |
| Option C $484,615 is correct |
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Andre, Beau, and Caroline share profits and losses of their
partnership in a 22:44:77 ratio respectively....
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