Business, 10.12.2019 20:31, jamccoy3335

Philip and deborah form an llc. philip contributes $50,000 capital, and deborah contributes $75,000 capital. they do not have an agreement as to how profits are to be shared. if the llc makes $100,000 profit in its first year, how will the profit be divided among the members?
a. philip gets $30,000 and deborah gets $70,000.
b. philip gets $50,000 and deborah gets $50,000.
c. philip gets $25,000 and deborah gets $75,000.
d. philip gets $35,000 and deborah gets $65,000.

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Philip and deborah form an llc. philip contributes $50,000 capital, and deborah contributes $75,000...