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question
Boy Alcott and Jon Buxton are partners in a steel company. They share the net income in proportion to their average investments. On January 1, Alcott invested 5,000. On May 1, Alcott invested an additional 1,750. On September 1, Alcott withdrew 2,000. The net profit for the year was $8,736. Find each partner's share of the profit.
Plain-text mathematical notation (without MathML)
Boy Alcott and Jon Buxton are partners in a steel company. They share the net income in proportion to their average investments. On January 1, Alcott invested 4,000andBuxtoninvested5,000. On May 1, Alcott invested an additional 2,000andBuxtoninvested1,750. On September 1, Alcott withdrew 500.OnNovember1,eachpartnerinvestedanadditional2,000. The net profit for the year was $8,736. Find each partner's share of the profit.
Original LaTeX notation
Boy Alcott and Jon Buxton are partners in a steel company. They share the net income in proportion to their average investments. On January 1, Alcott invested $4,000 and Buxton invested $5,000. On May 1, Alcott invested an additional $2,000 and Buxton invested $1,750. On September 1, Alcott withdrew $500. On November 1, each partner invested an additional $2,000. The net profit for the year was $8,736. Find each partner's share of the profit.
category
business
options
- Alcott's share: $3,936, Buxton's share: $4,800
- Alcott's share: $4,004, Buxton's share: $4,732
- Alcott's share: $4,200, Buxton's share: $4,536
- Alcott's share: $4,800, Buxton's share: $3,936
- Alcott's share: $5,000, Buxton's share: $3,736
- Alcott's share: $3,868, Buxton's share: $4,868
- Alcott's share: $4,368, Buxton's share: $4,368
- Alcott's share: $4,732, Buxton's share: $4,004
- Alcott's share: $4,500, Buxton's share: $4,236
- Alcott's share: $5,236, Buxton's share: $3,500
src
stemez-Business
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