Question

If you were partners with Allison, work, and you contribute 45%, Alice contributes 25%, and Mark contributes 30%, how would the yearly profit of $175,000 be divided?

Answer 1

To divide the yearly profit of $175,000 among partners Allison, Alice, and Mark, we multiply their contribution percentages by the profit.

Step-by-step explanation:

To divide the yearly profit of $175,000 among partners Allison, Alice, and Mark based on their contributions, we need to calculate their respective share percentages. Allison contributes 45%, Alice contributes 25%, and Mark contributes 30%. To find their shares, we multiply their percentages by the total profit:

1. Allison's share: $175,000 x 0.45 = $78,750
2. Alice's share: $175,000 x 0.25 = $43,750
3. Mark's share: $175,000 x 0.30 = $52,500

Therefore, Allison would receive $78,750, Alice would receive $43,750, and Mark would receive $52,500.