The three partners in a business partnership each devote different hours every week to the...
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Accounting
The three partners in a business partnership each devote different hours every week to the operation of the business. The agreement says nothing about how profits are to be divided among the partners. In this case, the partners will be compensated:
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Equally from the profits of the firm.
Based on capital contribution percentages.
By salaries based on hours worked per week, with the remaining profits divided equally.
Based on the number of hours worked per week.
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