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Determine participation in net income

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Adams, Bentley, and Carson have capital balances of $30,000, $25,000, and $20,000, respectively. Adams devotes 75% of his time; Bentley, 50% time; and Carson, 25% time. Determine their participation in net income of $37,500 if income is divided (a) in the ratio of capital investments; (b) in the ratio of time worked.

Reference no: EM13511664

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