1. The owner and a partner in a small business share profits in the ratio 2:1. For a month in which the business realizes a profit of $15,600. what is the owner's share of the profit? 1 a. $5,200 b. $7,800 c. $10,400 d. None of These

Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
ChapterP: Preliminary Concepts
SectionP.CT: Test
Problem 1CT
icon
Related questions
Question
1. The owner and a partner in a small business share profits in the ratio 2:1. For a month in which the business
realizes a profit of $15,600. what is the owner's share of the profit?
1
a. $5,200
b. $7,800
c. $10,400
d. None of These
Transcribed Image Text:1. The owner and a partner in a small business share profits in the ratio 2:1. For a month in which the business realizes a profit of $15,600. what is the owner's share of the profit? 1 a. $5,200 b. $7,800 c. $10,400 d. None of These
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 1 images

Blurred answer