Business, 10.09.2019 01:30 leethiel1

The terms of a partnership agreement provide that one of the partners is to receive a salary allowance of $30,000, plus a bonus of 20 percent of income after deduction of the bonus and the salary allowance. if income is $150,000, the bonus should be:
a. $18,000
b. $20,000
c. $24,000
d. $30,000

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