Which of the following would be least likely to be used as a means of...

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Accounting

Which of the following would be least likely to be used as a means of allocating profits among partners who are active in the management of the partnership?

  1. Salaries
  2. Bonus as a percentage of net income before the bonus
  3. Bonus as a percentage of sales in excess of a targeted amount
  4. Interest on average capital balances

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