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Steve and Roger Allocate 2/3 of the Profits and Losses

Question 25

Multiple Choice

Steve and Roger allocate 2/3 of the profits and losses to Steve and 1/3 to Roger.If the net profit of the firm is $29,000,calculate the share of Roger's profit.


A) $24,167
B) $19,333
C) $29,000
D) $9667

Correct Answer:

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