Ross,Joey,Chandler,and Brad Formed a Partnership,agreeing to Divide Profits and Losses

question 150

Multiple Choice

Ross,Joey,Chandler,and Brad formed a partnership,agreeing to divide profits and losses in a 2:3:4:1 relationship,respectively.Assuming that the business earned a profit of $165,000,Ross's share is ________ and Brad's share is ________.

• A) $33,000, $49,500
• B) $49,500, $16,500
• C) $60,000, $33,000
• D) $33,000, $16,500

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Definitions:

Cooperatively

Working together willingly and efficiently towards a common goal or purpose.

Course Papers

Academic essays or reports written by students as a requirement for completing a course or class.

Group Polarization

The tendency for a group's prevailing attitudes or beliefs to become more extreme after discussing them as a group.

Prevailing Attitudes

Dominant or widespread beliefs or opinions held by a majority within a particular society or group at a certain time.