SOLUTION: Business Ownership: Rick Wilson has an 82% ownership in a company called Puppets and Clowns. If the company has a value of $49,200 and Wilson receives an income of 30% of the value

SOLUTION: Business Ownership: Rick Wilson has an 82% ownership in a company called Puppets and Clowns. If the company has a value of $49,200 and Wilson receives an income of 30% of the value

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Question 74129: Business Ownership: Rick Wilson has an 82% ownership in a company called Puppets and Clowns. If the company has a value of $49,200 and Wilson receives an income of 30% of the value of his ownership, find the amount of his income.
I came up with $12,103.2.
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
That is correct.
Cheers,
Stan H.
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