Sally and Andy are partners in Just Hats, LLC. Andy works in the business
Sally and Andy are partners in Just Hats, LLC. Andy works in the business
for an agreed salary draw of $4,000 per month. Sally has invested $200,000 in the business and Andy invested $100,000. THe net income of the business is $168,000 for the year. Income is distributed based on the investment of each partner after allocation for salary. How much net income is allocated to Sally?
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