Three individuals in a partnership agree to divide the profit equally. X invests $4500, Y invests $3500, and Z invests $2000. The profit is $2400

Respuesta :

each partner will get $ 800

What is  partner?

A partner is a member of a partnership, which is a legal entity in which the profits and losses of a business or other venture are shared by all members. Corporations prefer partnerships because of their tax structure, which eliminates dividend taxes on owner profits.

A partner is a co-owner of a partnership, which is a type of business entity recognized by the law.

Dormant/Sleeping Partner.... 3] Nominal Partner.... 4] Partner by Estoppel.... 5] Profits Only Partner.... 6] Minor Partner.

General collaboration. A general partnership is the most fundamental type of partnership.

Limited liability company. Limited partnerships (LPs) are state-authorized business entities. ...

Limited liability company...

Limited partnership with limited liability.

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