Question

Number 4 I need help

Answer 1

a)

Julie and Kristen invested in a ratio of 5:12.

5 + 12 = 17

Julie owns 5/17 of the business.

5/17 * $51,000 = $15,000

Kristen owns 12/17 of the business.

12/17 * $51,000 = $36,000

b)

12/17 * 100% = 70.6%

c)

5/17 * 100% = 29.4%