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liq [111]
3 years ago
14

The average capital investments for 2006 were:

Business
1 answer:
iogann1982 [59]3 years ago
7 0

Answer:

A)$15,000

Explanation:

jones   100,000

king    200,000

lane <u>   300,000  </u>

Total   600,000

Assuming profit are distributed based on capital investment, jones will receive:

100,000/600,000 = 1/6 of the profit

proft x jones ratio = allocate income to Jones

90,000 x 1/6 = 15,000

This will be the amount of profit attributable to Jones.

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