Miray Sinan and Partners Collective Company's 2019 profit is 200,000 TL. The company was established with a capital of 100,000 TL. The capital shares of the partners of the company are as follows: Joint Capital Share Alper Sinan 50,000 Miray Sinan 30.000 Ilker Sinan 20,000 According to the notarized agreement of the company, profit distribution will be distributed equally after 10% premium is allocated to Alper Sinan from the partners. In this case, what is the profit share for Alper Sinan? A) 100,000 B) 120,000 C) None D) 60,000 E) 80,000
Miray Sinan and Partners Collective Company's 2019 profit is 200,000 TL. The company was established with a capital of 100,000 TL. The capital shares of the partners of the company are as follows: Joint Capital Share Alper Sinan 50,000 Miray Sinan 30.000 Ilker Sinan 20,000 According to the notarized agreement of the company, profit distribution will be distributed equally after 10% premium is allocated to Alper Sinan from the partners. In this case, what is the profit share for Alper Sinan? A) 100,000 B) 120,000 C) None D) 60,000 E) 80,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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33 - )) Miray Sinan and Partners Collective Company's 2019 profit is 200,000 TL. The company was established with a capital of 100,000 TL. The capital shares of the partners of the company are as follows:
Joint Capital Share
Alper Sinan 50,000
Miray Sinan 30.000
Ilker Sinan 20,000
According to the notarized agreement of the company, profit distribution will be distributed equally after 10% premium is allocated to Alper Sinan from the partners. In this case, what is the profit share for Alper Sinan?
A) 100,000
B) 120,000
C) None
D) 60,000
E) 80,000
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