Xavier and Yolanda have original investments of $45,000 and $109,000, respectively, in a parthership. The...
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Accounting
Xavier and Yolanda have original investments of $45,000 and $109,000, respectively, in a parthership. The articles of parthership include the following provisions regarding the division of net income: interest on original inyestment at 20%; salary allowances of 528,900 and $30,200, respectively; and the remainder to be divided equally. How much of the net income of 5107,500 is allocated to Yolanda? a. 552000 1572,060 c. 500,Mm d. 521,500
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