Applying the Ratio Based on Investment Method,compute Taylor and Timmy's

question 44

Multiple Choice

Applying the ratio based on investment method,compute Taylor and Timmy's share of net income if Taylor invested $200,000 and Timmy invested $800,000.Net income was $75,000.

• A)Taylor,$15,000; Timmy,$60,000
• B)Taylor,$37,500; Timmy,$37,500
• C)Taylor,$19,500; Timmy,$55,500
• D)None of these answers is correct.

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