Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. an ifi and b partner contributed bd. 100,500 and b

An IFI and B partner contributed BD. 100,500 and BD.49,500 respectively to form a Musharakah...

80.2K

Verified Solution

Question

Finance

image
An IFI and B partner contributed BD. 100,500 and BD.49,500 respectively to form a Musharakah partnership and agreed on 70:30 profit sharing ratio 1-At the end of the 1st year, the project generates 30% profit, calculate how much IFI share on profit [4 Marks)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

Draw a titration curve for each of the following situations. Include the volumes and pH values...

Medical Sciences
1.2K views

What do you think about kids drinking Gatorade? Gatorade has many uses that are necessary (certain...

Algebra
1.2K views

20 I have 15 coins in my pocket They are all either dimes or quarters...

Algebra
1.2K views

Determine if the function e is an eigenfunction of the operator x 2 2 2...

Algebra
1.2K views

Multiple Choice Interest paid is reported as an operating activity on the statement of cash...

Accounting
1.2K views

Erin Shelton, Inc., wants to earn a target profit of $800,000 this year. The companys...

Accounting
1.2K views

The extracts from the payroll of a factory is a follows:Number of Employees at the...

Accounting
1.2K views

Your next-door neighbor recently began a new job as assistant controller for Conundrum Corporation. As...

Accounting
1.2K views

Required information RWP6-1 (Algo) Great Adventures Continuing Case [The following information applies to the questions...

Accounting
1.2K views

Tubaugh Corporation has two major business segments--East and West. In December, the East business segment...

Finance
1.2K views

Merry Meerkat Marketing Inc. is expected to generate a free cash flow (FCF) of $1,690,000...

Finance
1.2K views

The standard deviation of monthly changes in the spot price of live cattle is 1.1...