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Roberto and Reagan Are Both 25 Percent Owner/managers for Bright

question 79

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Roberto and Reagan are both 25 percent owner/managers for Bright Light Enterprises. Roberto runs the retail store in Sacramento, CA, and Reagan runs the retail store in San Francisco, CA. Bright Light generated a $125,000 profit companywide made up of a $75,000 profit from the Sacramento store, a ($25,000) loss from the San Francisco store, and a combined $75,000 profit from the remaining stores. If Bright Light is taxed as a partnership and decides that Roberto and Reagan will be allocated 70 percent of his own store's profit with the remaining profits allocated pro rata among all the owners, how much income will be allocated to Reagan?

Recognize the importance of environmental factors and community infrastructure in disease prevention.
Understand the historical development of public health initiatives and their impact on community health.
Analyze the role of government and non-governmental organizations in the advancement of public health.
Identify key figures and their contributions to public health and nursing.

Definitions:

Military Hardware

Physical, tangible equipment and weapons used by armed forces, such as tanks, aircraft, and ships.

Public Finance

The study of government revenue (taxation) and government expenditure policies and their impact on the economy.

Expend Money

The act of using or spending money for the purchase of goods, services, or other financial obligations.

Payout Rates

The proportion of earnings or profits distributed to shareholders or participants, usually expressed as a percentage of the investment.

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