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    The document is a student assignment on partnerships that contains 4 questions. The first question asks the student to calculate each partner's share of $150,000 profit or loss when the profit/loss sharing agreement is A-50%, B-25%, C-25%. The second question varies the capital contributions of partners A, B, and C and asks what each partner's share would be without a profit/loss agreement. The third question provides another profit/loss sharing agreement and capital contributions and asks about a $100,000 loss. The fourth question gives yet another capital contribution structure and asks about a $190,000 loss when profits are shared equally but losses have no agreement.

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    Csc_performance Task 7 Ae2 Blr

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    The document is a student assignment on partnerships that contains 4 questions. The first question asks the student to calculate each partner's share of $150,000 profit or loss when the profit/loss sharing agreement is A-50%, B-25%, C-25%. The second question varies the capital contributions of partners A, B, and C and asks what each partner's share would be without a profit/loss agreement. The third question provides another profit/loss sharing agreement and capital contributions and asks about a $100,000 loss. The fourth question gives yet another capital contribution structure and asks about a $190,000 loss when profits are shared equally but losses have no agreement.

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    © All Rights Reserved
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    14 views1 page

    CSC - Performance Task 7 Ae2 BLR

    Uploaded by

    Jonas Aragasi
    The document is a student assignment on partnerships that contains 4 questions. The first question asks the student to calculate each partner's share of $150,000 profit or loss when the profit/loss sharing agreement is A-50%, B-25%, C-25%. The second question varies the capital contributions of partners A, B, and C and asks what each partner's share would be without a profit/loss agreement. The third question provides another profit/loss sharing agreement and capital contributions and asks about a $100,000 loss. The fourth question gives yet another capital contribution structure and asks about a $190,000 loss when profits are shared equally but losses have no agreement.

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    of 1

    Unit Partnership

    Module Partnership
    AE2-BLR Business Law and Regulation Units: 3 P age |1

    PERFORMANCE TASK 2.1.1


    “Partnership”

    STUDENT NAME: ______________________________ SECTION:_______________

    Answer the following question and explain.

    1. A, B, and C are partners. They agreed to divide profits and losses in the following
    proportions: A – 50%, B − 25%, C – 25%. If there is a profit or loss of ₱150,000?
    What will be the share of each partner?
    2. Refer to No. 1 question. What if A contributed ₱75,000, B ₱15,000, C ₱10,000,
    and there is no stipulation as to the share in the profit and loss. What will be the
    share of each partner?
    3. A, B, and C are partners contributing the following amount: A − ₱50,000, B −
    40,000, C − 40,000. They agreed to divide the profits and losses in the following
    proportions: A – 40%, B − 50%, C − 10%. If the partners suffered losses
    amounting to ₱100,000. What will be the share of each partner?
    4. A, B, and C are partners contributing the following amount: A − ₱160,000, B −
    130,000. C − 110,000. They agreed to divide the profits equally, but no
    agreement as to losses. If there is a loss of ₱190,000. What will be the share of
    each partner?

    PREPARED BY: APPROVED BY:


    ST ND
    WEEK 1 –2
    MIDTERM MR. WILBERT A. MAÑUSCA
    2 MEETING MS. CHITA S. CABANZA School Administrator
    AE2-BLR- Instructor

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