Franco, Maria and Gomez Entered into a Partnership to Buy

question 193

Multiple Choice

Franco, Maria and Gomez entered into a partnership to buy a steel manufacturing plant. They agreed to distribute profits in the same proportion as their respective capital investments in the partnership. How will recent period's profit of $287 800 be allocated to Maria, if Franco's capital investment shows a balance of $34 million, Maria's shows $49 million and Gomez's shows $54.5 million?

• A) $75 165
• B) $102 561
• C) $114 074
• D) $257 800
• E) $110 000