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1. |
A and B enter into partnership with capital contribution of $ 5000 and $ 4000 respectively. After (1 / 6) th of the time A contributes additional $ 2000. Four months after the start B withdraws (1 / 4) th his capital, then C joins the business with a capital investment of $ 5000. At the end of the year the company s balancesheet shows a profit of $ 2804. Find the share of A in the profit. |
A. | $ 1402 |
B. | $ 701 |
C. | $ 1420 |
D. | $ 820 |
Answer» B. $ 701 | |