SOLUTION: Ann, Bill, Cynthia, and Don respectively invest $2000,
$3000, $8000, and $7000 in a joint business venture,
agreeing to share the profits in the ratio of their
investments. How
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-> SOLUTION: Ann, Bill, Cynthia, and Don respectively invest $2000,
$3000, $8000, and $7000 in a joint business venture,
agreeing to share the profits in the ratio of their
investments. How
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Question 883801: Ann, Bill, Cynthia, and Don respectively invest $2000,
$3000, $8000, and $7000 in a joint business venture,
agreeing to share the profits in the ratio of their
investments. How much does each receive if the
business earns a profit of $38000? Answer by Edwin McCravy(20055) (Show Source):
You can put this solution on YOUR website! Ann, Bill, Cynthia, and Don respectively invest $2000,
$3000, $8000, and $7000 in a joint business venture,
agreeing to share the profits in the ratio of their
investments. How much does each receive if the
business earns a profit of $38000.
Ann's part is
Bill's part is
Cynthia's part is
Don's part is
Notice that
and that
Edwin
