Multiple Choice
Applying the ratio based on investment method,compute Taylor and Timmy's share of net income if Taylor invested $400,000 and Timmy invested $600,000.Net income was $75,000.
A) Taylor,$15,000;Timmy,$60,000
B) Taylor,$37,500;Timmy,$37,500
C) Taylor,$30,000;Timmy,$45,000
D) None of these answers is correct.
Correct Answer:

Verified
Correct Answer:
Verified
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