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How much income will be distributed to each partner

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Question - Ali had a $50,000 capital balance for eight months and a $65,000 balance for four months. Barry had a $38,000 capital balance for five months and a $50,000 balance for seven months. If the net income of the year is $80,000, how much income will be distributed to each partner using the average capital account balance ratio?

Reference no: EM132594579

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