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Income Summary
Aligsuag, Capital (300,000*450,000/1,000,000)
Go, Capital (500,000*450,000/1,000,000)
Palantino, Capital (200,000*450,000/1,000,000)
Division of profit based on initial contribution
Req 2.
Aligsuag Go Palantino
Capital ₱ 300,000.00 ₱ 500,000.00 ₱ 200,000.00
7% Interest ₱ 21,000.00 ₱ 35,000.00 ₱ 14,000.00
Remainder 4:3:1
₱ 190,000.00 ₱ 142,500.00 ₱ 47,500.00
Req 3.
Aligsuag Go Palantino
Capital ₱ 300,000.00 ₱ 500,000.00 ₱ 200,000.00
Salaries ₱ 50,000.00 ₱ 40,000.00 ₱ 30,000.00
5% Interest ₱ 15,000.00 ₱ 25,000.00 ₱ 10,000.00
Remainder 4:3:1
₱ 140,000.00 ₱ 105,000.00 ₱ 35,000.00
Req 4.
Aligsuag Go Palantino
Capital ₱ 300,000.00 ₱ 500,000.00 ₱ 200,000.00
8% Bonus ₱ 33,333.33 Bonus = 0.08*(Profit - Bonus)
Salaries ₱ 30,000.00 ₱ 45,000.00 ₱ 65,000.00
5% Interest ₱ 15,000.00 ₱ 25,000.00 ₱ 10,000.00
Remainder 1:1:1
₱ 75,555.56 ₱ 75,555.56 ₱ 75,555.56
Total Profit
₱ 1,000,000.00 ₱ 450,000.00
₱ 70,000.00 - ₱ 380,000.00
₱ 47,500.00
₱ 380,000.00
₱ 450,000.00 = ₱ 450,000.00 a
Total Profit
₱ 1,000,000.00 ₱ 450,000.00
₱ 120,000.00 - ₱ 330,000.00
₱ 50,000.00 - ₱ 280,000.00
₱ 35,000.00
₱ 280,000.00
₱ 450,000.00 = ₱ 450,000.00
Total Profit
₱ 1,000,000.00 ₱ 450,000.00
₱ 33,333.33 - ₱ 416,666.67
₱ 140,000.00 - ₱ 276,666.67
₱ 50,000.00 - ₱ 226,666.67
₱ 75,555.56
₱ 226,666.67
₱ 450,000.00 = ₱ 450,000.00
Aligsuag Go Palantino Total
₱ 300,000.00 ₱ 500,000.00 ₱ 200,000.00 ₱ 1,000,000.00
₱ 450,000.00