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Chip and Dale agree to form a partnership. Chip is

Chip and Dale agree to form a partnership. Chip is to contribute $50,000 in assets and to devote one-half time to the partnership. Dale is to contribute $20,000 and to devote full time to the partnership. How will Chip and Dale share in the division of net income or net loss?A. 5:2B. 1:2C. 1:1D. 2.5:1

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