Question

PLEASE HELP QUICK ASAP

Answer 1

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.