document.write( "Question 330473: scott, anne and jane form a parnership in which, scott invests $60,000. anne invests $40,000 and jane invests $70,000
\n" ); document.write( "a) scott and jane are each to receieve a salary of $20,000 out of the profit, while ther remaining profit is to be devided between the three in the ratio of their investments. find out how much each partner will receive in total if the profit is $125,000
\n" ); document.write( "b) anne suggests that she be paid a salary of $35000 and not share the profits. is anne better off with this suggestion? justify your answer with the calculations
\n" ); document.write( "

Algebra.Com's Answer #236882 by mananth(16946)\"\" \"About 
You can put this solution on YOUR website!
scott invests $60,000.
\n" ); document.write( "anne invests $40,000
\n" ); document.write( "jane invests $70,000\r
\n" ); document.write( "\n" ); document.write( "a) scott and jane each salary of $20,000 out of the profit,\r
\n" ); document.write( "\n" ); document.write( " profit is $125,000\r
\n" ); document.write( "\n" ); document.write( "Profit = $125,000
\n" ); document.write( "salary for Jane & Scot= $40,000
\n" ); document.write( "So balance to be distributed = 125,000-40,000=85,000\r
\n" ); document.write( "\n" ); document.write( "The ratio of their investments = 6:4:7 ( total 17 parts)\r
\n" ); document.write( "\n" ); document.write( "Scott will get 6/17 * 85000 = $ 30,000
\n" ); document.write( "..
\n" ); document.write( "Anne will get 4/17*85000 = $20,000
\n" ); document.write( "..
\n" ); document.write( "Jane will get 7/17*85000= $35,000\r
\n" ); document.write( "\n" ); document.write( "b) anne suggests that she be paid a salary of $35000 and not share the profits. is anne better off with this suggestion? justify your answer with the calculations\r
\n" ); document.write( "\n" ); document.write( "
\n" ); document.write( "
\n" );