how do you divide net income among partners?

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how do you divide net income among partners?

2006-07-02 10:39:54 · 4 answers · asked by homai78 1 in Education & Reference ➔ Homework Help

4 answers

It's based on the size of their investment. Divide the amount of each partner's investment by the total investment to get their percentage. Then multiply the net income by the percentage to get the partner's share.

2006-07-02 10:47:12 · answer #1 · answered by krissydahs93 4 · 1⤊ 0⤋

Depends on how much each partner owns of the partnership. Net income should be divided by the percentage of ownership.

2006-07-02 17:45:29 · answer #2 · answered by bertojame 2 · 0⤊ 0⤋

Equally

2006-07-02 17:43:57 · answer #3 · answered by polllydooodle 4 · 0⤊ 0⤋

You should refer this question to Andre Aggassi and Steffi Graf-Aggassi. They've been doing it for some time now..

2006-07-02 17:45:03 · answer #4 · answered by Hoops 2 · 0⤊ 0⤋