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

question 16

Multiple Choice

Steve and Roger allocate 2/3 of the profits and losses to Steve and 1/3 to Roger. If the net income of the firm is $30,000, calculate the share of Roger's net income.

• A)$20,000
• B)$10,000
• C)$30,000
• D)$25,000

---

Definitions:

Retention

The action of keeping something or someone, often referring to the strategies used by businesses to keep employees from leaving the company.

Working Facility

The physical location and amenities provided by an employer where employees perform their job functions.

Revitalizing The Organization

Strategies and actions undertaken to rejuvenate an organization's operations, culture, and financial health to stimulate growth or improve performance.

Recruiting Strategy

A plan or approach designed by an organization to attract and select candidates for employment or membership.