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Business, 18.11.2020 17:30 trinityhayes347
Mathew, Patrick, and Robin have capital balances of $75,000, $120,000, and $93,000, respectively. As per the partnership agreement, Mathew gets a profit share of 2/9; Patrick gets 4/9; and Robin gets 3/9. Partnership agrees to pay $66,000 as final settlement to Mathew. How much bonus will Robin receive as a result of this transaction?A. $5,142B. $5,000C. $3,857D. $4,000
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Mathew, Patrick, and Robin have capital balances of $75,000, $120,000, and $93,000, respectively. As...
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