chasidyshipman chasidyshipman

06-07-2017
Business

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The average capital balances of partners Bridget and Emily are $3,000 and $6,000, respectively. Both women work at the business full-time. The business earned a net income of $12,000 for the period. The partners have agreed to share earnings based on the percentage of original investment. Bridget’s share of the net income is

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atwilkins atwilkins

06-07-2017

Bridget has 1/3 of the current capital balance so apply 1/3 to the net income for the period. 1/3 of 12,000= 4,000

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18-07-2018

The answer to your question is $4,000.00

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