Xolisa, Yekiso and Zinzi are partners in their own law firm. They share the annual profit of the firm in the ratio of their contributions to the
startup of the firm.
* Xolisa contributed office equipment valued at R12 000.
* Yekiso contributed cash to the amount of R 8 000.
* Zinzi contributed cash of R 5 000 and expertise valued at R 7 000.
* The annual profit for the year is R 360 000.
a) What amount of the profit is Yekiso entitled to? (6)
b) What is the ratio of Xolisa's profit share to Yekiso's profit share?
