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  • Question: Lisa and Aron own a partnership that provides rental equipment for parties and special occasions. Which of the following is true about the way Lisa and Aron would handlecompany profits?a. split the profits according to how many hours each person workedb. distribute the profits according to the terms of the partnership agreementc. divide the profits

    Lisa and Aron own a partnership that provides rental equipment for parties and special occasions. Which of the following is true about the way Lisa and Aron would handle
    company profits?
    a. split the profits according to how many hours each person worked
    b. distribute the profits according to the terms of the partnership agreement
    c. divide the profits according to each person's investment in the business
    d. automatically split the profits, with 50% for Lisa and 50% for John
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