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26 April, 01:49

The average capital balances of partners Bridget and Emily are $3,000 and $6,000, respectively. Both women work at the business full-time. The business earned a net income of $12,000 for the period. The partners have agreed to share earnings based on the percentage of original investment. Bridget's share of the net income is

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  1. 26 April, 02:52
    0
    Bridget has 1/3 of the current capital balance so apply 1/3 to the net income for the period. 1/3 of 12,000 = 4,000
  2. 26 April, 04:25
    0
    The answer to your question is $4,000.00
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Home » Business » The average capital balances of partners Bridget and Emily are $3,000 and $6,000, respectively. Both women work at the business full-time. The business earned a net income of $12,000 for the period.
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