Question 24 (4 points) Lee, Rickie and Mario have decided to go into business together...
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Question 24 (4 points) Lee, Rickie and Mario have decided to go into business together by opening a restaurant, and agreed to split protits based on how much each partner would contribute to the business, Lee is contributing a restaurant she inherited from her aunt. The restaurant, including all of the fixtures, equipment and supplies is worth $300,000. Rickie is a great cook, but only has $50,000 to contribute. The partners will pay her a salary to be the head cook. Mario has management experience. He will manage the restaurant, and will be paid a salary Mario has $150,000 to invest. What percentage of the profits will Rickie be entitled to show your answer as a whole amount (no decimal or sign) Var news
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