Test_Prep
ASVAB · Question #105
Two partners operate a business that shows a yearly profit of $63,000. Their partnership agreement calls for them to share the profits in the ratio 5:4. How much of the profit should the partner who…
The correct answer is A. $35,000. See the full explanation below for the reasoning.
Question
Two partners operate a business that shows a yearly profit of $63,000. Their partnership agreement calls for them to share the profits in the ratio 5:4. How much of the profit should the partner who gets the larger share?
Options
- A$35,000
- B$28,000
- C$32,000
- D$36,000
How the community answered
(21 responses)- A86% (18)
- B10% (2)
- D5% (1)
Community Discussion
No community discussion yet for this question.