Asked by Carol Green on Jun 26, 2024
Verified
Three friends are starting a new exercise equipment franchise.Their investments are in the ratio of 5:7:11.The smallest investor is contributing $75,000.What is the largest investor contributing?
Exercise Equipment
Equipment designed specifically for physical activities to enhance strength, flexibility, or cardiovascular health.
Largest Investor
The individual or entity holding the most significant percentage of shares or investments within a company or investment pool.
- Calculate the proportions of investment by partners and their shares in the ownership of the business.
Verified Answer
TD
Learning Objectives
- Calculate the proportions of investment by partners and their shares in the ownership of the business.
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