w History Bookmarks Window Help Do exandra Alexandra Nav?.. 1 6/24/18 427 AM ACC

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w History Bookmarks Window Help Do exandra Alexandra Nav?.. 1 6/24/18 427 AM ACC1200-SU2018 Homework: HW CH12 Save Score: 0 of 1 pt 140af 40(35 complete) HW Score: 82.5%, 33 of 40 pts 12.3-8a Question Help Albert, Bily, and Cathy share profits and losses of their partnership as 3:5:2, respectively. If the net income is $30,000, calculate Albert's share of the profts. (Do not round any intermediate caloulations.) O A $18,000 OB. $15,000 C.$9,000 O D. $8,000 Click to select your answer and then click Check Answer All parts showing

Explanation / Answer

ANswer is C. $9,000

Please note that Only one question can be answered at a time

12.3-8a Net income $ 30,000 Alberts share of profit 3/10 Alberts share of profit ($30,000*3/10) $    9,000

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