Chip and dale agree to form a partnership chip is to

Reference no: EM13485233

Chip and Dale agree to form a partnership. Chip is to contribute 50,000 in assets and devote 1/2 time to the partnership. Dale is to contribute 20,000 and to devote full time to the partnership. How will Chip and Dale split the net income/loss?

Reference no: EM13485233

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