Question

The average capital balances of partners Bridget and Emily are $3,000 and $6,000, respectively. Both women work at the business full-time. The business earned a net income of $12,000 for the period. The partners have agreed to share earnings based on the percentage of original investment. Bridget’s share of the net income is

Answer 1

The answer to your question is $4,000.00

Answer 2

Bridget has 1/3 of the current capital balance so apply 1/3 to the net income for the period. 1/3 of 12,000= 4,000