Bill and Bob Share Profits of Their Partnership Firm in the Ratio

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

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Definitions:

Pilaster

A flat, rectangular, vertical architectural element that protrudes slightly from the wall, resembling a column but mainly ornamental and not structural.

Ossuaries

Containers or rooms in which the bones of dead people are placed, often used when space in burial sites is limited.

Disposing Of The Dead

Practices and methods related to the handling, burial, or cremation of deceased individuals, varying widely across cultures and histories.

Pronounced

Clearly stated or made known verbally or with a marked degree of distinction and clarity.