From the first condition, Nancy already has $1,300. From the second condition, Nancy will also receive 10% of her capital balance which is 10% of $100,000 or $10,000. In total, Nancy has a share of $11,300. So, Betty’s share is the remaining amount from the $40,000 net income which is
$28,700
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When it goes on sale for $1,600, Mikah buys a new plasma television that is valued at $1,800. He takes $300 from his savings account to use as a down payment and finances the rest. Choose the true statement. a. Mikah’s assets increased by $1,300. b. Mikah’s assets increased by $1,500. c. Mikah’s assets increased by $1,600. d. Mikah’s assets increased by $1,800.
