Nguyen invested 100000 and hansen invested 200000 in a

Reference no: EM13595616

Nguyen invested $100,000 and Hansen invested $200,000 in a partnership. They agreed to share incomes and losses by allowing a $60,000 pery year salary allowance to Nguyen and a 40,000 per year salary allowance to Hansen, plus an interest allowance on the partners' beginning-year capital investments at 10%, with the balance to be shared equally. Under this agreement, the shares of the partners when the partnership earns $105,000 in income are?

Reference no: EM13595616

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