question archive Farmer and taylor formed a partnership with capital contributions of $250,000 and $300,000, respectively
Farmer and taylor formed a partnership with capital contributions of $250,000 and $300,000, respectively
Subject:EconomicsPrice: Bought3
Farmer and taylor formed a partnership with capital contributions of $250,000 and $300,000, respectively. their partnership agreement calls for farmer to receive a $80,000 per year salary. the remaining income or loss is to be didvded equally. if the net income for the current year is $195,000 then farmer abd taylor's respectves shares are?
