Debbie and Alex Formed a New Partnership $\$ 45,000$ ; Alex- $\$ 45,000$

Short Answer

Debbie and Alex formed a new partnership.The partnership agreement specified that income should be allocated in a 2-to-1 ratio, with Debbie receiving the larger portion.If revenue for the first year was $90,000 and expenses were $60,000, how much would be allocated to each partner? a. Debbie- $\$ 45,000$ ; Alex- $\$ 45,000$
b. Debbie- $\$ 20,000 ;$ Alex- $\$ 10,000$
c. Debbie- $\$ 60,000 ;$ Alex- $\$ 30,000$
d. Debbie- $\$ 40,000 ;$ Alex- $\$ 20,000$