The Profits from a Partnership Are to Be Distributed So

question 86

Short Answer

The profits from a partnership are to be distributed so that Grace receives 20% more than Kajsa, and Mary Anne receives five-eighths as much as Grace. How much should each receive from a total distribution of $36,000?

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Definitions:

Persuasion

The act of convincing someone to believe or do something through reasoning or argument.

Individual's Motivation

The internal and external factors that stimulate desire and energy in people to be continually interested and committed to a job, role, or subject.

Ability

The capacity or skill to do something effectively, such as solving problems, performing tasks, or adapting to situations.

Elaboration Likelihood Model

A theory in social psychology that describes the process through which attitudes are formed and changed, depending on the degree of thought an individual gives to persuasive messages.