Answer:
Julie's share of the profits is (6/16)($4000) = $1500
Step-by-step explanation:
Write and solve an equation of ratios:
Jane's contrib. $10000 10
---------------------- = -------------- = ------ .
Julie's contrib. $6000 6
Adding 10 and 6 together, we get 16.
Julie's share of the profits is (6/16)($4000) = $1500. Jane would take (10/16)($4000), or $2500.
