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    Exam 13: Partnerships
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    Bill and Bob Share Profits of Their Partnership Firm in the Ratio
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Bill and Bob Share Profits of Their Partnership Firm in the Ratio

Question 45

Question 45

Multiple Choice

Bill and Bob share profits of their partnership firm in the ratio of 4:1.If the net profit of the firm is $25,000,calculate the share of Bill's profit.


A) $25,000
B) $15,000
C) $20,000
D) $5000

Correct Answer:

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