Salem Data

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Title: Salem Data

Essay Details:

Subject: Business

Author: Joseph W

Date: April 7, 2014

Level: University

Grade: A

Length: 2 / 509

Essay text:

According to capital investments of the partners, and/or 3. According to the labor (or services) rendered by the partners. Profits and Loss Ratios. Partnership agreements frequently call for the division of profits and losses according to some ratio. Normally the ratio designed for the division of profits is also used for the division of losses, unless a specific provision to the contrary exists. This method obviously provides a simplified way of dividing profits and, if approached properly, may also provide an equitable division. Theoretically, the ratio should attempt to combine into one base the capital and service contributions made by the respective partners...

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