5. Parducho had a 500,000 capital balance for eight months and a 650,000 balance for four months. Burgos had a 380,000 capital balance for five months and a 500,000 balance for seven months. How much of the year's 800,000 profit should Parducho receive if profits and losses are distributed based on the ratio of average capital balance А. 360,000 В. 387,500 C. 440,000 D. 453,200

5. Parducho had a 500,000 capital balance for eight months and a 650,000 balance for four months. Burgos had a 380,000 capital balance for five months and a 500,000 balance for seven months. How much of the year's 800,000 profit should Parducho receive if profits and losses are distributed based on the ratio of average capital balance А. 360,000 В. 387,500 C. 440,000 D. 453,200

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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