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1 year ago

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A partnership had its agreement drawn up by a lawyer. The company made $350,000 in profit at the end of the year. The

1 answer:

Sauron [17]1 year ago

8 0

Partner #2 received $180,000 from the profits.

<h3><u>Calculus</u></h3>

Given that a partnership had its agreement drawn up by a lawyer, and the company made $350,000 in profit at the end of the year, and the agreement identified partner #1 to receive 40% and partner #2 to receive 60% of the profits, To determine, if the partners agreed to invest $50,000 of the company's profits back into the business, how much money did partner #2 receive from the profits, the following calculation must be performed:

(350,000 - 50,000) x 0.6 = X
300,000 x 0.6 = X
180,000 = X

Therefore, partner #2 received $180,000 from the profits.

Learn more about calculus in brainly.com/question/2811530

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3 years ago

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Using the given conditions:

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⇒ 20 = 50 + c (50)⁻²

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c = -30 × 2500

c = -75000

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