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Jane, Lynda, and Ginny Run a Consignment Dress Store

Question 203

Multiple Choice

Jane, Lynda, and Ginny run a consignment dress store. The partnership agreement states that the profits are distributed according to the hours each works in the store. For the month of July, profits are $8,500. The hours worked by Jane, Lynda and Ginny are 170, 190, and 200 respectively. How should the month's profits be allocated?


A) $2,000; $3,000; $3,000
B) $3,000; $3,000; 2,000
C) $2,883.93; $2,580.36; $3,035.71
D) $3,035.71; $2,883.93; 2,580.36
E) $2,580.36; $2,883.93; $3,035.71

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